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IN BRIEF: EKF Diagnostics Invests USD5 Million In Trellus Health

Thu, 20th Aug 2020 18:58

EKF Diagnostics Holdings PLC - Cardiff-based diagnostics and central laboratory assay manufacturer - Makes USD5 million investment in Trellus Health Ltd, which provides a digital health platform for complex chronic conditions. The investment is part of an agreement between EKF and Mount Sinai Innovations Partners to identify technologies for early intervention and better care management of patients with inflammatory bowel disease, including Crohn's disease and ulcerative colitis. Trellus Health may consider an initial public offering on AIM in London in early 2021, EKF said.

Current stock price: 57.00 pence

Year-to-date change: up 66%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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