"PRM share price is expressing a high degree of certainty that they are the frontrunners here... hmmm! maybe they are and maybe they are not."
The share price was already near these levels without the BSE news from the US, we have only had a one day rise since then, so I'm not sure how you can relate the rise in the share price with just the BSE test.
A few questions I would like to ask people on this thread: -
Why do IDEXX need 18 months?
Could they do it quicker if more money and resources became available (maybe with funding for IDEXX from US government)? or is it to get regulatory approval for use in Europe?
Would the agreement with IDEXX still be covered by prior confidentiality agreements with the CJD surveillance unit in Edinburgh? Could it be that government still retains control over any annoucements and that a BSE and or CJD test may already be very near (considering the many years of research)?
Whatever the answers to the above questions, one thing is for certain, if they can get a quick test for BSE launched, the confidence in PRM will rocket and other agreements and tests could follow very quickly.
Maybe we will get news about additional funding from the US government for speeding up a blood test for BSE, if it's IDEXX for funding, then that could be the next news story
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