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Hopefully it will continue its trend up. Source of the report is credited at the end of article whenever reference is made. They can read the article in full after signing up for a free account. Biolidics (SGX:8YY) has received approvals to distribute its rapid test kit for COVID-19 in the U.S., Philippines and EU. The SGX also asked what the financial impact could be to Biolidics from ongoing probes into claims that Aytu supplied healthcare providers with coronavirus tests from unapproved Chinese manufacturers and may have breached United States securities laws. Biolidics: Catalist-listed cancer diagnostics company Biolidics on Monday said it will undertake a share placement to raise about $3.1 million to … A quick search shows that the test kits are manufactured in China. A version of this article appeared in the print edition of The Straits Times on April 28, 2020, with the headline 'Biolidics replies to SGX on appointing Aytu BioScience'. It still went ahead with its distributorship agreement on April 23 because it believed, after carrying out due diligence such as an assessment of Aytu's financial standing and track record, that the company would be a suitable distributor for its own coronavirus test kits. There are generally 4 methods to identify the causative agent: RT-PCR testing is generally adopted around the world to confirm cases of COVID-19 because it is very specific and sensitive. You can read this subscriber-only article in full, All done! ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares.

The company's board replied in a filing on Sunday night that it does not expect a material impact on its business plans from its agreement with Nasdaq-listed Aytu BioScience. Find the latest $ Biolidics (8YY.SI) stock discussion in Yahoo Finance's forum.
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How did StarHub Smart WiFi fare when tested? OCBC Share Price. Biolidics reiterated to shareholders that it "is actively developing the market for the test kits" in Singapore, the Philippines, the European Union and the US, and seeking regulatory approval elsewhere. The rapid test can detect COVID-19 with more than 95% accuracy in 10 minutes (based on validation data obtained in studies conducted in China involving 570 samples from 5 … It may be used as a point-of-care test (POCT) in a wide range of healthcare settings by clinical personnel who are not trained in complex clinical laboratory procedures. Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions. DYODD. The rapid test can detect COVID-19 with more than 95% accuracy in 10 minutes (based on validation data obtained in studies conducted in China involving 570 samples from 5 hospitals) by the presence of antibodies. The Singapore Exchange (SGX) has queried Catalist-listed Biolidics over its appointment of a scandal-hit company as an exclusive distributor for rapid Covid-19 … Wilmar International - CGS-CIMB Research 2020-10-16: Mind The Gap! Share your opinion and gain insight from other stock traders and investors. Suntec REIT - UOB Kay Hian 2020-10-09: A Time To Sow & A Time To Reap; Upgrade To BUY, Top Glove - Maybank Kim Eng 2020-10-08: An Ongoing Journey, Singapore REITs - DBS Research 2020-09-29: Insatiable Growth Appetite, Volume Breakout - SGX Stocks with Surging Volume, Price Target with Substantial Upside /Downside Potential, Price & Volume Breakout - Stocks at 3-Month High, Price & Volume Breakout - Stocks at 3-Month Low. It's just a typical pump & dump, quicky.

About 79.7 million shares had changed hands by then, making Biolidics one of the most heavily traded by volume for the morning session.

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