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1461-1480 of 1914
SINGAPORE (THE BUSINESS TIMES) - Q& M Dental Group is investing some $3 million to build a new Covid-19 testing business via a joint venture with scientist Dr Ong Siew Hwa, the company said in a statement on Thursday (April 23).
Dr Ong is the sole shareholder and director of Acumen Research Laboratories (ARL), a local biotech company developing diagnostic tests with a focus on infectious diseases.
ARL' s Acu-Corona 2.0 Diagnostic Test has been given provisional authorisation by the Health Sciences Authority, which means the test can be supplied to healthcare institutions, private hospitals, medical clinics and clinical laboratories in Singapore.
this (ARL) is a subsidary of Q& M???
cycy818 ( Date: 10-May-2020 17:12) Posted:
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Acumen Research Laboratories -- a Singapore biotech firm that was mainly a designer rather than producer of test kits before the crisis -- has shifted its supply chain over the past few months to manufacture Covid-19 test kits and analyze their results. The company is now capable of processing 20,000 tests daily, equivalent to a fifth of the U.K.& rsquo s total daily target.
wolverine23 ( Date: 10-May-2020 16:57) Posted:
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Which of these is owned by Q&M? Is it TeeHee or ARL?
rayyeo ( Date: 09-May-2020 10:19) Posted:
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Gov is starting to random test on other community after foreign workers but never heard ARL involve in the testing yet.
Hopefully ARL can take part to speed up the testing and end it. Everyday 3 digits new Covid-19 cases really make Singapore looks bad.
Hopefully ARL can take part to speed up the testing and end it. Everyday 3 digits new Covid-19 cases really make Singapore looks bad.
If you invest on it. good luck :)
cycy818 ( Date: 10-May-2020 16:39) Posted:
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Liongold is a dead stock. Don' t buy.
Shifu8888 ( Date: 09-May-2020 22:22) Posted:
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How is your Liongold?
cycy818 ( Date: 09-May-2020 19:03) Posted:
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mind your words
Shifu8888 ( Date: 08-May-2020 16:39) Posted:
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monday look out for this stock .
might be flying high on monday...hold tight
rayyeo ( Date: 09-May-2020 10:19) Posted:
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Extracted from Bloomberg 8th May 2020:
In a back room of Singaporean dentist Teehee Dental Works, three orange-topped boxes hum with a sterile buzz.
Over the next three hours, a thousand strands of liquid resin will form and harden to become plastic nasal swabs, ready to be used in Covid-19 test kits. Those 3D printers &ndash normally making dentures and crowns &ndash are a part of a local effort to re-tool some of Singapore&rsquo s industries to respond to a growing need for test kits amid the widening coronavirus pandemic.
A laboratory staff uses a 3D printer.
With one of Asia&rsquo s largest outbreaks following a resurgence in infections, the city state is trying to change strategy, pivoting from selectively screening for cases to the mass testing deployed successfully in places like South Korea. But Singapore&rsquo s bid to expand testing fivefold from 8,000 a day to 40,000 by later this year comes amid surging global demand for kits and their components -- from nasal swabs to chemical reagents -- as outbreaks in the U.S. and parts of Europe persist.
And as the clamor for kits is only set to intensify as testing provides a route to re-opening locked down economies, Singapore may have to lean on local industry to help fill the shortfall. Without the manufacturing capacity of China and lower-cost countries in Southeast Asia, domestic firms -- from dentists to aircraft part-makers, engineering companies to metal forgers -- are trying to plug the nation&rsquo s need for kits.
Total Covid-19 case count nears 22,000 mark on May 8
Singapore&rsquo s challenge has been compounded by its late shift in strategy to mass testing compared to countries like South Korea. Although the first signs of what would become a massive outbreak among the country&rsquo s army of low-paid foreign workers emerged in early February, Singapore seemed to continue to apply tactics used to contain the Severe Acute Respiratory Syndrome, or SARS, outbreak 17 years ago. The new coronavirus has proved much more contagious, with countries that tested widely seeing more success in quashing their epidemics.
Read more: How Singapore Flipped From Virus Hero to Cautionary Tale
Singapore didn&rsquo t signal a shift to concerted mass testing -- where testing is conducted widely in a vulnerable community beyond just those who had confirmed contact with an infected person -- until April. In the interim, the coronavirus went global and countries began snatching up supplies of testing materials and hoarding their own production.
In February &ldquo we could get things in within three days to a week and we could get things out pretty easily,&rdquo said Zhou Lihan, chief executive officer of MiRXES, which produces test kits for governments and hospitals in 25 countries around the world. &ldquo Once we hit late March - that was where we started to feel the challenge.&rdquo
Singapore-based MiRXES is currently churning out the Fortitude 2.0 testing kit designed by Singapore&rsquo s Agency for Science, Technology and Research, known as A*STAR, and Tan Tock Seng Hospital. Where his firm was able to produce 100,000 kits a week in early February, it can now make 500,000 over the same period.
Even that may not be enough. &ldquo In the initial days, at any point, we had enough plastics and other basic materials to make half a million to a million tests. Previously we did that to plan for a 3-6 month manufacturing cycle,&rdquo said Zhou. &ldquo With exponential testing globally, suddenly that kind of stock can only last you a month or even a week at some points.&rdquo
The coronavirus manifests in some people without any outward signs of sickness, raising the risk they could be silent spreaders. That means widespread and repeated testing of people before they return to workplaces is likely the main way governments will be able to protect against future waves of infection.
Acumen Research Laboratories -- a Singapore biotech firm that was mainly a designer rather than producer of test kits before the crisis -- has shifted its supply chain over the past few months to manufacture Covid-19 test kits and analyze their results. The company is now capable of processing 20,000 tests daily, equivalent to a fifth of the U.K.&rsquo s total daily target.
&ldquo A test kit is composed of many, many sub-components -- more than 20 -- so if any one of those is short you don&rsquo t have a kit,&rdquo said director Ong Siew Hua. &ldquo The lesson learned from all of this is that in &lsquo peacetime,&rsquo you must invest in things that sometimes you take for granted.&rdquo
Singapore&rsquo s Health Minister Gan Kim Yong told parliament on Monday that the government cannot set a timeline to boost testing to 40,000 a day: &ldquo I won&rsquo t be able to promise you when, but we are doing our best to ramp it up.&rdquo
While Singapore was initially lauded for its comparatively even-handed approach to containing the virus -- opting for social distancing and awareness over a lockdown -- it emerged in April that the pathogen had been spreading among migrant workers who live in cramped dormitories throughout the city. An explosion in those cases saw its total tally balloon from a few hundred in early March to more than 20,000 now, making it Asia&rsquo s most infected nation after China and India despite its small population.
A worker tapes stools as social distancing markers at a food center in Singapore on March 24.
Now in the fifth week of a population-wide lockdown imposed as the second wave of cases emerged, experts say the ability to test widely will be key to getting Singapore back to a position where it can consider easing restrictions. In China, where the virus first emerged, most business and industrial activity has resumed, with companies requiring workers to test negative before returning to offices or factories.
Wuhan Workers Line Up for Mass Testing After Lockdown Lifted
Test kits -- which identify if the coronavirus&rsquo genetic sequence is present in a person&rsquo s sample -- comprise dozens of components, from nasal swabs to chemicals with names like taq polymerase that help amplify the viral DNA so it can be detected.
Because of its lack of low-end manufacturing capacity, some of Singapore&rsquo s worst shortages have actually been in basic, cheap components like swabs that are inserted into a person&rsquo s nasal cavity to retrieve the sample to be tested. In a Facebook post last month, Ho Ching, chief executive officer of state investor Temasek Holdings Pte and the prime minister&rsquo s wife, gave the example of a &ldquo gold standard swab producer&rdquo in Italy that had supplied all of Singapore&rsquo s hospitals &ldquo turning inwards&rdquo as the European nation shifted resources to its domestic outbreak.
But as new local producers like Teehee Dental are finding, the humble nasal swab is more difficult to make from scratch than it seems.
Teehee Dental Works, a clinic in Singapore&rsquo s glitzy Orchard Road shopping district, first put its 3D printers to work after one of founder Yang Xiao&rsquo s relatives caught the virus last month. Between patients, Yang and his team scoured the internet searching for instructions on how to make the perfect nasopharyngeal swab.
Swabs packaged in autoclavable pouches.
&ldquo It sounds fairly simple to make a stick,&rdquo he said. &ldquo But once you get into the process of it you quickly realize it&rsquo s a difficult process to get to the final design.&rdquo
After 15 tries, they finally landed on a model with the right balance of thickness and thinness to be used effectively and reproduced in large batches: 15cm long with a latticed head made of biomedical plastic. Several packs have already been sent to hospitals and clinics in Singapore and its neighbors as well as parts of Europe for clinical trials.
Other local companies like 3D printing firm Chemtron, which usually manufactures drones and jewelry, are ready to start making swabs as well, said business development manager Tony Moochala.
Moochala said his team brought home their eight 3D printers since their office closed. &ldquo They&rsquo re on standby 24 hours a day, seven days a week.&rdquo
In a back room of Singaporean dentist Teehee Dental Works, three orange-topped boxes hum with a sterile buzz.
Over the next three hours, a thousand strands of liquid resin will form and harden to become plastic nasal swabs, ready to be used in Covid-19 test kits. Those 3D printers &ndash normally making dentures and crowns &ndash are a part of a local effort to re-tool some of Singapore&rsquo s industries to respond to a growing need for test kits amid the widening coronavirus pandemic.
A laboratory staff uses a 3D printer.
With one of Asia&rsquo s largest outbreaks following a resurgence in infections, the city state is trying to change strategy, pivoting from selectively screening for cases to the mass testing deployed successfully in places like South Korea. But Singapore&rsquo s bid to expand testing fivefold from 8,000 a day to 40,000 by later this year comes amid surging global demand for kits and their components -- from nasal swabs to chemical reagents -- as outbreaks in the U.S. and parts of Europe persist.
And as the clamor for kits is only set to intensify as testing provides a route to re-opening locked down economies, Singapore may have to lean on local industry to help fill the shortfall. Without the manufacturing capacity of China and lower-cost countries in Southeast Asia, domestic firms -- from dentists to aircraft part-makers, engineering companies to metal forgers -- are trying to plug the nation&rsquo s need for kits.
Coronavirus in Singapore
Total Covid-19 case count nears 22,000 mark on May 8
If a country is not a producer, it then just has to make do with what is allocated and learn to prioritize,&rdquo said Jeremy Lim, an adjunct associate professor at the National University of Singapore&rsquo s Saw Swee Hock School of Public Health. &ldquo It&rsquo s exquisitely painful to be helpless.&rdquo
Singapore&rsquo s challenge has been compounded by its late shift in strategy to mass testing compared to countries like South Korea. Although the first signs of what would become a massive outbreak among the country&rsquo s army of low-paid foreign workers emerged in early February, Singapore seemed to continue to apply tactics used to contain the Severe Acute Respiratory Syndrome, or SARS, outbreak 17 years ago. The new coronavirus has proved much more contagious, with countries that tested widely seeing more success in quashing their epidemics.
Read more: How Singapore Flipped From Virus Hero to Cautionary Tale
Singapore didn&rsquo t signal a shift to concerted mass testing -- where testing is conducted widely in a vulnerable community beyond just those who had confirmed contact with an infected person -- until April. In the interim, the coronavirus went global and countries began snatching up supplies of testing materials and hoarding their own production.
&lsquo Feel the Challenge&rsquo
In February &ldquo we could get things in within three days to a week and we could get things out pretty easily,&rdquo said Zhou Lihan, chief executive officer of MiRXES, which produces test kits for governments and hospitals in 25 countries around the world. &ldquo Once we hit late March - that was where we started to feel the challenge.&rdquo
Singapore-based MiRXES is currently churning out the Fortitude 2.0 testing kit designed by Singapore&rsquo s Agency for Science, Technology and Research, known as A*STAR, and Tan Tock Seng Hospital. Where his firm was able to produce 100,000 kits a week in early February, it can now make 500,000 over the same period.
Even that may not be enough. &ldquo In the initial days, at any point, we had enough plastics and other basic materials to make half a million to a million tests. Previously we did that to plan for a 3-6 month manufacturing cycle,&rdquo said Zhou. &ldquo With exponential testing globally, suddenly that kind of stock can only last you a month or even a week at some points.&rdquo
The coronavirus manifests in some people without any outward signs of sickness, raising the risk they could be silent spreaders. That means widespread and repeated testing of people before they return to workplaces is likely the main way governments will be able to protect against future waves of infection.
Acumen Research Laboratories -- a Singapore biotech firm that was mainly a designer rather than producer of test kits before the crisis -- has shifted its supply chain over the past few months to manufacture Covid-19 test kits and analyze their results. The company is now capable of processing 20,000 tests daily, equivalent to a fifth of the U.K.&rsquo s total daily target.
&ldquo A test kit is composed of many, many sub-components -- more than 20 -- so if any one of those is short you don&rsquo t have a kit,&rdquo said director Ong Siew Hua. &ldquo The lesson learned from all of this is that in &lsquo peacetime,&rsquo you must invest in things that sometimes you take for granted.&rdquo
No Timeline
Singapore&rsquo s Health Minister Gan Kim Yong told parliament on Monday that the government cannot set a timeline to boost testing to 40,000 a day: &ldquo I won&rsquo t be able to promise you when, but we are doing our best to ramp it up.&rdquo
The country&rsquo s health as well as trade and industry ministries did not answer questions on how many test kits Singapore is currently able to manufacture locally or is procuring on the global market.
While Singapore was initially lauded for its comparatively even-handed approach to containing the virus -- opting for social distancing and awareness over a lockdown -- it emerged in April that the pathogen had been spreading among migrant workers who live in cramped dormitories throughout the city. An explosion in those cases saw its total tally balloon from a few hundred in early March to more than 20,000 now, making it Asia&rsquo s most infected nation after China and India despite its small population.
A worker tapes stools as social distancing markers at a food center in Singapore on March 24.
Now in the fifth week of a population-wide lockdown imposed as the second wave of cases emerged, experts say the ability to test widely will be key to getting Singapore back to a position where it can consider easing restrictions. In China, where the virus first emerged, most business and industrial activity has resumed, with companies requiring workers to test negative before returning to offices or factories.
Wuhan Workers Line Up for Mass Testing After Lockdown Lifted
Test kits -- which identify if the coronavirus&rsquo genetic sequence is present in a person&rsquo s sample -- comprise dozens of components, from nasal swabs to chemicals with names like taq polymerase that help amplify the viral DNA so it can be detected.
Because of its lack of low-end manufacturing capacity, some of Singapore&rsquo s worst shortages have actually been in basic, cheap components like swabs that are inserted into a person&rsquo s nasal cavity to retrieve the sample to be tested. In a Facebook post last month, Ho Ching, chief executive officer of state investor Temasek Holdings Pte and the prime minister&rsquo s wife, gave the example of a &ldquo gold standard swab producer&rdquo in Italy that had supplied all of Singapore&rsquo s hospitals &ldquo turning inwards&rdquo as the European nation shifted resources to its domestic outbreak.
15-cm long stick
But as new local producers like Teehee Dental are finding, the humble nasal swab is more difficult to make from scratch than it seems.
Teehee Dental Works, a clinic in Singapore&rsquo s glitzy Orchard Road shopping district, first put its 3D printers to work after one of founder Yang Xiao&rsquo s relatives caught the virus last month. Between patients, Yang and his team scoured the internet searching for instructions on how to make the perfect nasopharyngeal swab.
Swabs packaged in autoclavable pouches.
&ldquo It sounds fairly simple to make a stick,&rdquo he said. &ldquo But once you get into the process of it you quickly realize it&rsquo s a difficult process to get to the final design.&rdquo
After 15 tries, they finally landed on a model with the right balance of thickness and thinness to be used effectively and reproduced in large batches: 15cm long with a latticed head made of biomedical plastic. Several packs have already been sent to hospitals and clinics in Singapore and its neighbors as well as parts of Europe for clinical trials.
Other local companies like 3D printing firm Chemtron, which usually manufactures drones and jewelry, are ready to start making swabs as well, said business development manager Tony Moochala.
Moochala said his team brought home their eight 3D printers since their office closed. &ldquo They&rsquo re on standby 24 hours a day, seven days a week.&rdquo
QM is likened to be a rooster who tries for fly. Try it may fly while but it will eventually drop to the ground before soaring to the sky. Dr Chin Hao Lian.
shifu8888 dont assume i against you because that im stuck in a pump or dump. I told you before im not a contra so im just asking you for the facts that you said and comparing with ifast how are you going to explain the similarities. To be honest you not able to explain then whats with the against with Q& M
Acien888 ( Date: 08-May-2020 10:08) Posted:
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hahah what a cry baby. to be honest for all wuestions that i ask you to clarify none of them u able to answer. Please dont act like your name you think you really are shifu
Whoa whoa whoa... you are being too much for even getting my mother involved. This is totally uncalled for. If you are stucked when the price was pumped up, then it is your own problem. Do not vent frus on others. This is the first time to encounter such remarks on SJ. When fiddle in stock market, you have to play within your means. Learn to cut loss and learn not to be greedy and take some profit. I pity you and your upbringing. This shall be my last reply to you. I do not talk to unkempt uncivilised people. All the best and Huat to you.
Acien888 ( Date: 08-May-2020 09:34) Posted:
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Kindly also tell us how to trade on medtecs by end of today. short or long since you are very good in depth tell me should i long or short from this point and whats my cut loss position
dun keep tell what already happen and tell what trade that has been done. If you are a real trader kindly provide all what i mention. shame on you
Acien888 ( Date: 08-May-2020 09:34) Posted:
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Shifu8888 dont be a son of a bitch here and im telling you i will not mind my words. i will be against u until u can provide your entry price,TP, cut loss price and time frame if not u just a loser here trying to say short short short. what a real son of a bitch 👹 👹 👹
QM Huat to $2!!! All longist happy... 😂