The COVID 19 virus has crippled world commerce. The rush for a vaccine by various companies is unprecedented.
However, the multi- phased safety and efficacy trials required take time.
Today I will highlight a Corona test that could well be part of the solution.
The key tenants of Corona policy so far:
Isolation of known carriers.
Social separation with masks and gloves.
Closure of business all around the world.
Now if everyone who is a carrier of Corona knew that they were and self isolating at home or getting appropriate care, where would Corona virus find new hosts?
The entire problem has been that asymptomatic carriers of Corona walk around like "typhoid mary's" of the past. infecting people as they go about their days. Healthy people spread the corona bug, period.
A " simple solution" ?
TEST EVERY PERSON ON THE PLANET.
For those that test positive, send them to their rooms!
For those that need care. get them in care.
But tests involve a nose swath that are extremely uncomfortable. There is a company that manufactures oral based tests that are reported to be highly reliable and much simpler using saliva. That company I am watching is Co-diagnostics, CODX.
Upon announcing their last quarter results they underwhelmed the market but appear set up to prosper coming in test kit sales. The stock price fell back instead of continuing to surge.
I wonder why the President Trump / Mike Pence Corona team is not all over the Co-Diagnostics Test kits and making plans to get everyone tested quickly before the next outbreak increases with states starting to open up commerce. I think they may be dropping the ball here.
I say this more strongly with the news that the very test kits (by Abbott) used at the White House are under more scrutiny as producing false negatives
I'm watching CODX.
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ALL in my humble opinion, scroll down and read more..
This site does NOT make Buy / Sell recommendations.
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