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IN BRIEF: Omega Diagnostics To Manufacture 175,000 Tests For UK Govt

Tue, 06th Oct 2020 17:48

Omega Diagnostics Group PLC - Alva, Scotland-based medical diagnostics company focused on CD4, infectious diseases and food intolerance - Notes UK government's order for one million COVID-19 lateral flow antibody tests from the UK rapid test consortium, of which Omega is a partner. The test uses a small drop of blood from a finger-prick, and shows results in 20 minutes, without the need for a patient sample to be sent to a laboratory. Says the first order is part of the UK government's plans to roll-out COVID-19 surveillance studies to help build a picture of how the virus has spread across the country. Says it expects to manufacture approximately 175,000 of these first one million tests.

Current stock price: 106.00 pence

Year-to-date change: up over 100%; 14.22p at December 30, 2019

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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