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Bullboard - Stock Discussion Forum Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and... see more

TSXV:THRM - Post Discussion

Therma Bright Inc > THRM shares saliva test data...what's the competitions'?
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Post by Watchman21 on Feb 18, 2021 5:53pm

THRM shares saliva test data...what's the competitions'?

Test Facts around THRM's already prototyped saliva test...... I haven't found saliva test results from any of its competitors...just that they "continue to optimize a prototype version of the test for use with saliva samples". Can anyone provide this data?

THRM'S DATA 

Therma's CoviSafe™ prototype test showed an 86% sensitivity for samples with an RT_PCR Ct value below 30 and 100% sensitivity with Ct values of 25 or lower. Ct or Cycle Threshold value indicates the number of times or cycles, that a DNA/RNA sample needs to be amplified for it to be detected by an RT-PCR test - the gold standard test for detecting COVID-19. The lower the Ct value, the higher the amount of viral RNA present in a sample, and the higher the Ct value, the lower the amount of viral RNA present in the sample. Current literature suggests that patients with Ct values below 30 are in the most infectious phase of the disease, so it is critical to identify these people as quickly as possible.

The minimum standard for home-use approval of rapid antigen tests is 80% sensitivity with both Health Canada under the Interim Order and the FDA under Emergency Use Authorization ("EUA"). The results achieved exceed the minimum threshold for approval with regulatory agencies.

Comment by Watchman21 on Feb 18, 2021 6:13pm
SONA's nasal swab test results from November 25 release: "...the test shows 85% agreement to RT-PCR results in patients in an in-field study of 99 patients and 96% sensitivity in laboratory studies." CBDT's KAI Saliva test announcements don't even give their saliva test results...  Not sure what this means, but must not be as solid results as other market players. All ...more  
Comment by Chrisvaughan on Feb 18, 2021 6:18pm
Second place is second place , thrm apparently has finished 2nd( at best), Sona won so accolades to sona. I will be leaving here and jumping on that train, would you stay?
Comment by Watchman21 on Feb 18, 2021 7:00pm
I'm staying.   1) In at $0.05-0.07, so why leave..  It's not gonna fall that far. And trust it will rebound with Top Shelf Results and FDA, HC and CE approvals.   2) 7+ Billion people around the world.  17% live in the developed countries, meaning 83% in under developed countries.   Mexico filed a complaint at UN stating that US is getting unfair share...purely ...more  
Comment by Chrisvaughan on Feb 18, 2021 7:07pm
Insiders selling, never a good sign, but u are in so cheap so thhe crash won't affect you , i am in around .50 cents so i am going to get destroyed.
Comment by Chrisvaughan on Feb 18, 2021 7:09pm
Also now kinda makes sense of fia taking on thst new position at PAD.
Comment by Watchman21 on Feb 18, 2021 9:16pm
I think the insiders were buying their options.  I think they acquired them at $0.10 per share, and holding them.  6 month for long term capital gains in Canada.  But now and sell in 6 months at a high.  You have to own shares to take advantage of capital gains.  Options aren't owned until they are purchased.  Make sense to but now.... watch the stock rife up for ...more  
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