RE: low 30p s to buy back a little20 Sep 2021 09:20
Then two weeks later the company signed an exclusive deal with Biosure to be the exclusive worldwide manufacturer of the CE marked COVID-19 IgG antibody self test. The product has successfully completed technical transfer to manufacture following a pilot production run and is now in full manufacture at Abingdon's expanded manufacturing facilities at York and Doncaster. It is the only approved COVID-19 IgG antibody self test in the UK at the moment!
"23 August 2021: Abingdon Health plc (AIM: ABDX) a leading international developer and manufacturer of high quality and effective rapid tests, announces the launch today of the BioSURE COVID-19 IgG Antibody Self Test. In July 2021, Abingdon announced that it had signed an exclusive manufacturing agreement with BioSure (UK) Limited ("BioSure"), a UK company specialising in the provision of rapid in-vitro diagnostic testing solutions, including self-testing.
This new test, for which BioSure is the legal manufacturer, has been CE marked specifically for self-testing. The test uses a fraction of a drop of finger-prick blood (2.5uL) with results in 20 minutes. This allows individuals to know and monitor their own antibody status pre-vaccination, post vaccination and following infection with the SARS-CoV-2 virus. It will be particularly useful as populations worldwide continue to be vaccinated to monitor the effectiveness of an individual's immunity status. This will have utility alongside potential booster vaccinations. Abingdon will be the exclusive worldwide manufacturer for the product.
The product has successfully completed technical transfer to manufacture following a pilot production run and is now in full manufacture at Abingdon's expanded manufacturing facilities at York and Doncaster under the Company's ISO13485:2016 quality management system. Technical transfer is the process whereby three or more independent production runs are manufactured, at increasing scale, and validated to illustrate the product is suitable for mass manufacture."