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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 > Approval for Testing vs Authorization for Use
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Post by Smokey1958 on Mar 05, 2021 2:05pm

Approval for Testing vs Authorization for Use

Finding the right test site is imperative because they need individuals that are, unfortunately, covid positive to substantiate AcuVid. As such they would need approval to use the device at a clinic or testing site in Toronto that is in an area with the highest incidence of infection and positivity rates.

They ALREADY know AcuVid works in a lab setting, thus the numbers 86% specificity and 100% sensitivity. With the sensitivity set at the standard of high viral load ....regardless of the degree of symptoms. Presumably they would want a test site where all the individuals appear symptomatic regardless of outcome (allergy, cold, flu, covid positive).

Sensitivity: the ability of a test to correctly identify patients with a disease. Specificity: the ability of a test to correctly identify people without the disease. True positive: the person has the disease and the test is positive.

What could go wrong? Actually at this stage it's hard to imagine what would lead to a different outcome in the on-site testing.

AcuVid appears to have a higher sensitivity rating then any rapid point of care test that has currently been authorized by HC or the FDA .....and its a saliva sample. It's equally hard to imagine it not being approved provided there are no surprises in the testing.

The attack on the stock and thus the sp should not, in any way, reduce the anticipation or excitement at the prospect of a significant reward for being patient.

GLTA!!!
Comment by Boudi1959 on Mar 05, 2021 2:12pm
Thanks Smokey1958. I
Comment by TheeRook on Mar 05, 2021 2:59pm
 The problem is the FDA and HC do not want to aprove test that only detect High Viral Loads. They want to find the Virus at low viral loads before it becomes a high viral load  infecting others.   There are many tests in the US that detect only high viral loads.  FDA will not pass them. Ask Micheal Mina who is having fits trying to convince the FDA to approve them.   
Comment by boubouna on Mar 05, 2021 3:32pm
Hey Smokey, I always appreciate your posts...they deal with business and are always courteous and professional...but, I have to point out that Therma doesn't 'just' need positive results...they are tesing for both...symptomatic and asymptomatic....in true primitive terms....they can literally stand in the same line as others being tested and 'mirror' their test results...for ...more  
Comment by Kaiser on Mar 05, 2021 3:40pm
Thank you for your post which is a breath of fresh air to see someone actually looking at both sides of the coin.  Therma definitely has potential but I've been saying this for days what happened to the testing that was supposed to be done and they didn't even start.   Transparency goes a long way in a speculative play.  I've been attacked for pointing out the obvious. ...more  
Comment by boubouna on Mar 05, 2021 4:03pm
I hear you and I did see that you said same and I agree...unfortunately, we can never control the reactions of others and as you must know,,,these boards are for simple 'talking' and exchange of ideas....again...unfortunately...it is like another facebook and everyone has an opinion with different agendas...it's all good...take everything in stride....just believe 'why' you are ...more  
Comment by Smokey1958 on Mar 05, 2021 4:34pm
Completely agree Boubouna! Yes, sorry to leave the impression of an unscientific test. My background sometimes leads me to believe that would be automatically understood ....so many thanks for tying up that loose end, The point I was trying to make was that if they test 100 people and all were negative for covid it wouldn't prove any evidence that there test is a good one. They have to ...more  
Comment by boubouna on Mar 05, 2021 4:56pm
Yes i totally undertsood what you meant...I got you...but if you 'mirror' the same 100 random clients...we have two-fold....a great comparison AND and the elimination of 'false postives' due to the comparisons...what better validation??!!...and there have already been many 'stories' of false positives....and I doubt 100 people in a row would test negative ...so to speak ...more  
Comment by Moemoney42 on Mar 06, 2021 11:21pm
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