There are few active counters tackling test kits and vaccine. Remember, the vaccine is a prevention method. You still need to perform multiple tests for the mass crowd in order to induce vaccination program. MTouch also have binding agreement to promote the Test Kits and can try pull through the vaccination distribution license once it’s in the market.
I honestly think that there was reason Private Placement took place, abs share drop below PP price before the big push up. Ministers and big boys certainly had their shares in.
Everyone wanted the vaccine bcoz after taking it, they can go clubbing cari amoi again without worried.. police ask " saya sudah vaccinate la latok" hehehe...
Bos, you cannot vaccine if the person is already infected. It’s Prevention only. Like we take Influenza Vaccine for kids. In order to know if the person has infection or not, need to test ma. So test kit market is still required
Nexgram distributing Shanghai Liangrun Covid test kit while Mtouche distributes Shanghai Fosun/Wuhan bio/Labgenomic(Korea) C19 test kit. Based on their media statement Mtouche in progress/discussion to collab and distribute Fosun Covid19 vaccine.
Nexgram still an authorised distributor of Fosun Covid-19 Test Kit in Malaysia and Indonesia started on May 2020. Maybe the company do not appointed one company only as their SOLE DISTRIBUTOR, therefore mtouche has been newly appointed as the distributor.
1. Fosun Malaysia COVID-19 PCR Distributor Nexgram received emergency use allocation to Malaysia. Supply to Sabah, Selangor, Negeri Sembilan and Pulau Pinang swab test secured. [8 October 2020]
3. Nexgram unit appointed Shanghai Fosun distributor and dedicated registration of COVID-19 2019-Novel Coronavirus (2019-nCoV) RT-PCR Reagent (Detection Kit) in Malaysia and Indonesia [6 May 2020] Press Release
The reports about Nexgram activities relating Covid-19 Test Kits businesses:
1. Healgen COVID-19 IgG/IgM (Whole Blood/Serum/Plasma) Antibody Rapid Test Device shipped to Malaysia Distributor Nexgram [27 March 2020] Press Release
2. Nexgram Covid-19 test kits now in Indonesia since 16 April – [20 Apr 2020] Press Release
3. Nexgram unit appointed Liangrun distributor and dedicated registration of Covid-19 diagnostic kit in Malaysia and Indonesia [5 May 2020] Press Release
4. Nexgram unit appointed Shanghai Fosun distributor and dedicated registration of COVID-19 2019-Novel Coronavirus (2019-nCoV) RT-PCR Reagent (Detection Kit) in Malaysia and Indonesia [6 May 2020] Press Release
5. Shanghai Liangrun Covid-19 Test Kit shipped to Nexgram unit arrived [18 May 2020]
6. Shanghai Fosun Covid-19 RT-PCR Detection Kit shipped to Nexgram unit arrived [21 May 2020]
7. May 27 (Reuters) – Nexgram Holdings Bhd: * UNIT ENTERED SALES AGREEMENT WITH SHANGHAI LIANGRUN BIOMEDICINE TECHNOLOGY CO * AGREEMENT TO SELL DIAGNOSTIC KIT FOR ANTIBODY IGM/IGG OF COVID-19 IN MALAYSIA & INDONESIA * AGREEMENT EXPECTED TO CONTRIBUTE POSITIVELY TO EARNINGS OF NEXGRAM GROUP DURING TENURE OF APPOINTMENT Source
8. Fosun Malaysia COVID-19 PCR Distributor Nexgram received emergency use allocation to Malaysia. Supply to Sabah, Selangor, Negeri Sembilan and Pulau Pinang swab test secured. [8 October 2020] Press Release
Got shares on Nexgram too, but nexgram way too slow. I believe that Mtouche goin fly soon since it has that "vaccine" hype including with several others test kit news that came with it.
“mTouche is currently in discussion with our manufacturing partner, Shanghai Fosun Long March Medical Science Co., Ltd. to collaborate and distribute Covid-19 mRNA-based vaccine when the product completed its phase 3 clinical trials and ready for mass vaccination and distribution. Shanghai Fosun Long March Medical Science Co., Ltd. is a wholly owned subsidiary of Shanghai Fosun Pharmaceutical Group, who has inked an agreement with BioNTech, the German partner, and Pfizer, the U.S. Pharma Group on the global development program, with the ultimate aim of securing global supply of a vaccine immediatelty upon regulatory approval. The Company will make necessary announcement when there is a material collaboration established,” Mr Tang concluded.
The new vaccine is Moderna’s an efficacy rate of 94.5% and rival for Pfizer, BioNTech and AstraZenca. Both Mtouch and Nexgram link to Shanghai Fosun who is linked agreement with Biontech and Pfizer.
Lets say if mtouche really can supply pfizer vaccine....i doubt pfizer vaccine will come to Malaysia due to the logistic issue...moderna vaccines are stable in normal fridge for 30 days...pfizer need -70c LOL...
Pfizer says the vaccine it has been developing with German partner BioNTech SE is 90 percent effective against COVID-19 and it expects to have safety data as soon as next week to apply for emergency use authorization.
However, despite the promising findings, there are some limitations with the first version, mainly that it must be stored frozen at minus 94 degrees Fahrenheit. Some of the nation's top hospitals do not currently have suitable storage for the vaccine.
Dolsten said Pfizer has already started planning a second-generation vaccine that will solve this challenge by producing it in a powder form.
Powder vaccines, known as lyophilized formulations, can be reconstituted before injection, or sometimes administered through inhalation or intranasal vaccination.
The key benefit would be that it would not need to be stored at ultra-cold temperatures like the current version - an unusual requirement for vaccines.
In a regulatory filing detailing its U.S.-listed investments as of Sept. 30, Berkshire disclosed new stakes in Abbvie Inc (N:ABBV), Bristol-Myers Squibb Co (N:BMY) and Merck & Co (N:MRK) of more than $1.8 billion (£1.3 billion) each, and a new $136 million stake in Pfizer Inc (N:PFE).
Investors monitor Omaha, Nebraska-based Berkshire's quarterly filings to see where Buffett and his portfolio managers Todd Combs and Ted Weschler see value.
Shares of the four drugmakers rose in after-hours trading, which often occurs when Berkshire discloses new investments, reflecting what investors view as Buffett's imprimatur.
Berkshire did not say whether Buffett made the investments, though larger investments are normally his.
The investments look similar to the multi-billion dollar stakes that Berkshire recently maintained in the four largest U.S. airlines, before selling them in April amidst the coronavirus pandemic.
friends vacinnes is real or fake , that is not important at all, as soon as price shoot up people chasing you only need a real vacinnes if you prepare to hold for 10 years The real rule of shares market is cheap thing nobody want.you see AT MTOUCH were 0.050before you call until call papa , people say you are cheating
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sandee
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Posted by sandee > 2020-11-16 22:29 | Report Abuse
tomorrow LIMIT UP!! Mtouche to be sole distributor of Fosun/Pfizer vaccine. Pfizer announced new version of Vaccine in powder formula.
https://www.techtimes.com/articles/254070/20201111/pfizers-powder-covid-19-vaccine-available-2021-freezing-refrigeration-needed.htm