Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Launch of COVID-19 antibody test
Paris, France and Camberley, UK – 29 September 2020 – Novacyt, an international specialist in clinical diagnostics, announces that, further to the announcement on 27 July 2020, the Company has launched a CE-Mark approved serology (antibody) 96-well plate ELISA (enzyme-linked immunosorbent assay) test for the detection of IgG antibodies to SARS-CoV-2 derived from plasma and serum samples.
The test has been launched by Microgen Bioproducts Limited (Microgen), which is part of Novacyt’s protein diagnostics division Lab21. The new antibody test complements Novacyt’s existing COVID-19 product portfolio, in particular the Company’s polymerase chain reaction (PCR) test for COVID-19, to provide clinicians with the diagnostic tools to detect and differentiate between active and prior SARS-CoV-2 infections in patients.
The new antibody test has been validated in a study where 1,673 patient samples (112 positive samples and 1,561 negative samples) were evaluated. The test demonstrated 100% sensitivity in patients that were tested at 14 days after testing positive for COVID-19 by a PCR test. The antibody test also demonstrated 99.4% specificity.
The ELISA test has been designed for use in all established central laboratories and follows a standard ELISA protocol that makes it compatible with most 96-well plate automation systems. Novacyt has sufficient manufacturing capacity to deliver more than three million antibody tests per month initially and the Company is working with its manufacturing partner to ensure this can be increased depending on demand.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
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Contacts
Novacyt SA
Graham Mullis, Chief Executive Officer Anthony Dyer, Chief Financial Officer +44 (0)1276 600081
SP Angel Corporate Finance LLP (Nominated Adviser and Broker)
Matthew Johnson / Charlie Bouverat (Corporate Finance) Vadim Alexandre / Rob Rees (Corporate Broking)
Graham Mullis, Chief Executive Officer of Novacyt, commented:
“Novacyt remains committed to supporting the global response to COVID-19 through the delivery of high performance diagnostics. We continue to strengthen our product offering in COVID-19 testing as demand continues and we are delighted to launch an antibody test. We believe an antibody test plays an important role in aiding the diagnosis of COVID-19, as well as increasing our understanding of the disease through screening of populations for infection rates and immunity.”
Think that Mandy certainly deserves a bonus after this!
She replied very promptly when I sent my vote in over the weekend.
Poor thing must be exhausted.
Before anyone gets too excited!
Hope all is OK.
PS use of caps carefully considered!
Excellent summary ......thank you for all your hard work and first class posts Bramley.
Many thanks for taking the time and trouble to ‘reduce my ignorance!’ Holywoodsummer and Merci beaucoup Dannywilde
So just a question out of interest if you look at Euronext https://live.euronext.com/en/product/equities/FR0010397232-ALXP the theoretical opening price is up, albeit slightly, whilst it is also showing over twice as many sells as buys. Can anyone explain this please?
Re Parkez at 0830.
May be wrong but by my reading France is open Monday see. https://www.euronext.com/en/trade/trading-hours-holidays .
Well that had an enormous effect.......not. Let’s hope that it does not delay a more meaningful RNS with figures hopefully.
Is it just me or does anyone else hate the idea of waiting 3 days for more news
ou En Vacances?
I apologise for interrupting the general chat on the answer to the meaning of life and all that with something about a company called Novacyt!
Topped up at £3.90 showed as a sell on trades?
Well said
Ssssh don't coach the little darlings Sharedealer2019
Atisha and Taff thanks both
Taffsensation thanks for taking the trouble to try and explain. Where exactly on Investing.com are you seeing this resistannce points information please? Is it some of the data under the technical tab?
PS with a name like that are you in Wales too?
Blue moonpattaya good Freudian/spellcheck glitch I say ‘option’ you say ‘potion’ think yours sounds better actually....
Live long and prosper
GLA
Thanks Silver , yours are some of the comments I particularly value and follow for which thank you. I was hoping to use the ‘calm before the storm’ but am sure you are right and will repost later....along with spelling corrections!
GLA
PPS and it was ‘SO much for trying to be clever! Too early in the morning.......I give up on sign offs!!