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BIO PHARMA company do research on MEDICAL DISEASES
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newbieliu
Elite |
06-May-2020 15:22
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I doubt so ba ? although i wish too
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WBdisciple
Elite |
06-May-2020 15:16
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https://www.marketwatch.com/story/the-fda-tightens-rules-around-antibody-tests-as-companies-talk-up-their-value-2020-05-05
The FDA tightens rules around antibody tests as companies talk up their valueThe Food and Drug Administration&rsquo s decision to crack down on a loose set of regulatory requirements for antibody tests comes in response to their own concerns about test validity and fraud.Using its emergency powers, the regulator had announced March 16 that it would allow makers of antibody tests to bypass the emergency use authorization process and let laboratories certified by the Centers for Medicare and Medicaid Services use those diagnostics, in hopes of speeding up development of the much in-demand serological tests. Not all test makers bypassed the EUA. At least 12 commercial and private labs includes Abbott Laboratories ABT, +3.56%, PerkinElmer Inc. PKI, +3.92% and Roche Holding AG ROG, +0.84% have received an emergency authorization for their antibody tests. These tests, which can pinpoint which individuals have previously been infected with COVID-19, even asymptomatically, have been held up as key to reopening restaurants, shops, factories, workplaces, and other parts of the still shuttered economy. With viral infections, antibodies can often indicate immunity to future infections, though that pattern is unclear with the coronavirus. (A different kind of test, a molecular test, is used to diagnose a current COVID-19 infection.) &ldquo Serological assays are needed and should be widely available, accurate, rapid, and low cost,&rdquo the American Enterprise Institute wrote in a March 29 report on reopening the economy. &ldquo Such assays have already been developed by researchers, but they have not yet been fully validated and are not available at scale.&rdquo In the less than two months since the FDA implemented that policy, two issues came up that worried the FDA enough to rethink that policy: a lack of insight into test validation data and fraudulent marketing claims by &ldquo unscrupulous actors.&rdquo &ldquo Flexibility never meant we would allow fraud,&rdquo the FDA said Monday. Test makers now have 10 business days following a FDA notification to submit their validation results. This way, &ldquo the FDA is able to examine data on the test&rsquo s performance and make a formal determination of whether to authorize it for emergency use.&rdquo &ldquo The tests [were] being marketed without the submission of validation data, and (consequently) relatively low sensitivity and specificity in many cases,&rdquo Stifel analysts wrote May 4. &ldquo This is highly sub-optimal, as the low prevalence of the disease means that even good tests with specificity rates of 99+% will still yield a large number of false positives &mdash much less tests with rates in the high 80&rsquo s or low/mid 90&rsquo s.&rdquo Antibody tests aren&rsquo t perfect, even by the FDA&rsquo s standards. The regulator noted that all antibody tests can produce false results, based on their &ldquo inherent limitations.&rdquo In some cases, at least two antibody tests may need to be performed for one patient. The Abbott test, for example, has 100% IgG sensitivity and 99.6% specificity, while PerkinElmer&rsquo s test has 90% IgG sensitivity and 100% specificity. Researchers are usually looking for one of two antibodies: immunoglobulin M (IgM) and immunoglobulin G (IgG). Large corporations, in particular, are eager to have employees return to work and have talked up the potential of serological testing to investors during this earnings season. &ldquo I&rsquo m excited to hear about the Roche antibody test this morning, and we can all go back to work if we know that half the country&rsquo s already been exposed and won&rsquo t get it,&rdquo Barry Sternlicht, CEO of the Starwood Property Trust Inc. STWD, +2.57% told investors on Monday, according to a FactSet transcript of the earnings call. &ldquo Much more of the focus right now has shifted to testing as governments around the world are trying to figure out &mdash and states are trying to figure out &mdash how to bring people back to work,&rdquo Stryker Corp. SYK, +5.24% CEO Kevin Lobo said on Friday. &ldquo So that&rsquo s the big focus right now, on testing. SL Green Realty Corp. SLG, -0.14%, a real-estate investment trust, is considering antibody tests and vaccination stations. &ldquo Will be surrounding our lobby with the necessary support to understand exactly how everything should flow through,&rdquo COO Edward Piccinich said April 23. Shares of test manufacturers have largely gone up in recent months. Year-to-date, Abbott&rsquo s stock is up 7.1%, and shares of Roche have gained 8.0%. (Both companies are also making diagnostics tests for COVID-19, and Roche is testing its Actemra as a potential treatment for severely ill patients.) PerkinElmer shares, however, have dropped 6.3%. The Health Care Select Sector SPDR Fund XLV, +2.16% is down 3.5%. |
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PQTPQK
Supreme |
06-May-2020 15:16
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it will try to close 0.50 today |
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DooDoo
Senior |
06-May-2020 15:16
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Wah then their revenue must be crazy! I guess. They are everywhere!
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shk363
Elite |
06-May-2020 15:10
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$.0.8 by end of mth? | ||||
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huatcai
Member |
06-May-2020 15:07
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https://inews.hket.com/article/2618986/【 iMoney港 股 分 析 】 【 誠 哥 奇 兵 】 長 江 生 命 科 技 分 銷 快 速 檢 測 試 劑 盒 %E3%80%80股 價 急 升 11％ 惟 估 值 貴 未 宜 高 追 ?mtc=40001&srkw= Guess this is the good news distribution in hk | ||||
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Laurenpanna
Veteran |
06-May-2020 15:03
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ya, my friend too. he bought at 0.75 but he is still holding and waiting. still believe that this stock will soar. It has been quite resistance at 0.415 previously, will slowly go up and at least can cut loss at smaller amount |
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huatcai
Member |
06-May-2020 15:02
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https://inews.hket.com/article/2618986/【 iMoney港 股 分 析 】 【 誠 哥 奇 兵 】 長 江 生 命 科 技 分 銷 快 速 檢 測 試 劑 盒 %E3%80%80股 價 急 升 11％ 惟 估 值 貴 未 宜 高 追 ?mtc=40001&srkw= | ||||
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newbieliu
Elite |
06-May-2020 15:02
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Didint u buy more at 40 cents to average/?
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ST3-trading
Senior |
06-May-2020 15:01
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I still long way to break even .... zz | ||||
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DooDoo
Senior |
06-May-2020 14:59
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Hold the Ford Going to rocket soon once their earning report out and all too late to buy liao, butt do your own decision, | ||||
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donnycheh
Member |
06-May-2020 14:50
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Haha I meant the current market. I' m still vested for the long term 
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Fluffyclouds
Master |
06-May-2020 14:49
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Cheers do come back next time if theres hope to enter lol
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donnycheh
Member |
06-May-2020 14:48
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Profit taking now.. | ||||
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DooDoo
Senior |
06-May-2020 14:47
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I think now rally abit first then when company result/announcement out got high chance might hit or just a bit below it. Do your own decision, happy trading folks
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easywin
Supreme |
06-May-2020 14:41
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Next coming up IX Biopharma 330 than 380 | ||||
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Laurenpanna
Veteran |
06-May-2020 14:35
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how did this rise came about? Any news that we do not know? |
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actan99
Master |
06-May-2020 14:29
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Pacing pacing ...
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wolverine23
Supreme |
06-May-2020 14:29
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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no need to explain much... I predict Medtecs: $0.6 Bio: $1.38 Clearbridge: $1 Trendlines: $0.8 Sed: $0.3 UG: $0.6 OEL: $0.1, IX: $0.8, others: SMG, Hypens??? internet bull 2000 = medical bull 2020 |
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DooDoo
Senior |
06-May-2020 14:28
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Vol very high, i THINK can hit 0.5 - 0.55. Dyodd | ||||
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