Today's news from a UT firm that produced test kits......and has a background producing working test kits,zika, etc...from the beginning...today is still trying to develop a valid and accurate Covid-19 saliva swab test kit...CODX...the high flyer from $1 to over $30....now coming back to earth...slowly but surely...because sales are not great and no saliva swab test kit...THRM has its work cut-out to find this holy-grail of Covid-19 saliva test kits...the formulation to be able to detect the very smallest number of covid-19 viruses in a swab has stumped more than a few. Maybe with the help of AI the quest will come to fruition....Will mgmt try to raise capital at today's price? They seemed to have no issues hiving off 50% of a potential asset for free....just to form a JV!
Anyways...for those wondering what is on the other side....CODX is a very good read...investment,not so fast...glta.
***There is a pdf file in the first url that goes to a White Paper that pertains to the work they and others like THRM are working on...worth a read in my opinion.
If the link does not work it can be found at www.stockwatch.com codx
https://www.stockwatch.com/Quote/Detail?U:CODX [url=https://www.stockwatch.com/News/Item?bid=U-prLA87992-U:CODX-20201111&symbol=CODX®ion=U][/url]
[url=https://www.stockwatch.com/News/Item?bid=U-prLA94303-U:CODX-20201117&symbol=CODX®ion=U][/url]