Summary of the Prime Minsters media statement 5 Jan 2022 and how...

Summary of the Prime Minsters media statement 5 Jan 2022 and how I see connection (or not) with ADO.

National Cabinet noted the Commonwealth will provide 10 million RATs to states and territories (a combination of predominantly Point of Care Tests and self tests) to assist with testing and laboratory capacity.

• the Point of Care portion could well be AnteoTech as per @Garethg007 and @vijayghelani's comments that EuGeni has the glue and accuracy needed to meet reporting and quality requirements

In Australia, >600k confirmed COVID-19 cases in Australia since the beginning of the pandemic (295m cases globally), 2,289 people have died (5.4m deaths globally).

• In Australia >56m tests have been undertaken, with 1.6m tests reported in the past 7 days. There is zero question that the Government at both Federal and some state levels are pushing hard for RAT to play a significant role in testing going forwards e.g. Annastacia Palaszczuk announced today that she has procured 18 million tests and that they are on the way (unlikely these will be AnteoTech as we are not yet approved)

There is pressure from every angle now for tests like ours to be approved and used. Our market (RAT for hospitals, pharmacies, doctor surgeries and any mass screening scenario is yet to be defined). Next 4 weeks will be interesting and exciting for ADO

Good Luck to all Holders

Moose