Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Novacyt launches new Covid-19 test, extraction kits

Thu, 18th Jun 2020 09:33

(Sharecast News) - Clinical diagnostics firm Novacyt launched three new products aimed at supporting laboratories testing for Covid-19 on Thursday.
Novacyt's Exsig Direct and Exsig Mag, two RNA extraction kits, and COVID-HT, a high-throughput test for Covid-19, will be made available immediately, with manufacturing capacity already having been stepped up in order to meet potential demand.

Chief executive Graham Mullis said: "As we continue to supply our COVID-19 test to laboratories around the world, we are delighted to provide further support through the launch of these new products.

"We believe there will be significant demand for our new extraction kits, particularly at this time when automated RNA extraction reagents are in short supply."

In addition, Mullis said Novacyt's high-throughput test, for use in large volume clinical laboratories, should also enable more efficient workflow, something he said was "critical" to achieve optimal testing volumes.

As of 0930 BST, Novacyt shares were up 7.81% at 258.75p.

Related Shares

More News
19 Apr 2024 11:02

Novacyt gearing up for hearing in DHSC litigation

(Sharecast News) - Molecular diagnostics specialist Novacyt updated the market on legal proceedings between itself and its subsidiary Primer Design ag...

6 Feb 2024 12:48

Novacyt confirms end of Yourgene Taiwan disposal discussions

(Sharecast News) - Novacyt announced on Tuesday that it had received formal notification from INEX Innovate terminating discussions around the acquisi...

2 Jan 2024 08:12

Novacyt taps Steve Gibson for CFO

(Sharecast News) - Biotechnology group Novacyt has appointed Steve Gibson to the role of chief financial officer with immediate effect.

21 Dec 2023 15:49

Novacyt facing delays in disposal of Yourgene Taiwan

(Sharecast News) - Molecular diagnostics company Novacyt updated the market on the conditional disposal of its laboratory in Taiwan, which it acquired...

3 Jul 2023 09:07

Novacyt to buy Yourgene Health in £16.7m deal

(Sharecast News) - Yourgene Health surged on Monday after it agreed to be bought by Novacyt in a £16.7m deal.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.