The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBatm Advanced Regulatory News (BVC)

Share Price Information for Batm Advanced (BVC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 18.15
Bid: 17.80
Ask: 18.50
Change: -0.30 (-1.63%)
Spread: 0.70 (3.933%)
Open: 18.45
High: 0.00
Low: 0.00
Prev. Close: 18.45
BVC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

First commercial agreement for Ador

7 Jan 2020 07:00

RNS Number : 9134Y
BATM Advanced Communications Ld
07 January 2020
 

LEI: 213800FLQUB9J289RU66

7 January 2020

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

First Commercial Agreement for Ador Diagnostics

Molecular diagnostics subsidiary receives order for meningitis testing

 

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that Ador Diagnostics ("Ador"), the Group's subsidiary focused on the development and marketing of unique in-vitro molecular diagnostics solutions, has received its first commercial order from the leading Italian distributor of molecular biology and genomics products. Under the agreement, Ador will deliver the new NATlab reader and cartridges for the identification of meningitis in the second half of 2020.

 

Ador's NATlab molecular biology solution provides rapid sample-to-answer diagnosis of bacterial, viral or fungal infections, within approximately 15-90 minutes, using DNA sampling. The unique system is modular, compact and mobile, and is designed to be used at the point-of-care as well as in hospital labs. The Group believes that NATlab will allow medical practitioners to provide far quicker and more efficient treatment.

 

This first commercial order for the new system follows extensive lab testing and the award of over 40 global patents, including in Europe and the US, with more pending. The first models of NATlab are expected to go into final trials in leading hospitals in the first half of this year, with the initial system having been already delivered this month.

 

Dr Zvi Marom, Chief Executive Officer of BATM, said: "We are delighted that Ador has received the first commercial order for the NATlab system, which is an important milestone. Meningitis is a leading infectious cause of childhood death - and speed of identification and treatment is vital. We are proud that our rapid sample-to-answer solution will help medical practitioners to quickly and efficiently diagnose the specific infection and administer the required treatment.

 

"We believe NATlab will transform the infectious disease diagnostics market and we have already received extremely positive feedback and significant interest from several leading medical institutions that are testing the solution. Ador is also working alongside prominent academic and research institutions, including in the UK, to develop more panels for the identification of further diseases. We look forward to reporting on Ador's progress."

 

 

Enquiries:

 

BATM Advanced Communications

 

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Moti Nagar, Chief Financial Officer

 

 

 

 

 

Shore Capital

 

Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)

Henry Willcocks (Corporate Broking)

+44 20 7408 4050 

 

 

 

 

Luther Pendragon

 

Harry Chathli, Claire Norbury, Rachel So

+44 20 7618 9100

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
AGRFFFFILVIRIII
Date   Source Headline
2nd Jul 20121:24 pmRNSResult of AGM
2nd Jul 20127:00 amRNSAGM Statement
26th Jun 20123:02 pmRNSHolding(s) in Company
7th Jun 20128:33 amRNSNotice of AGM
16th May 20128:00 amRNSHolding(s) in Company
4th May 20127:00 amRNSHolding(s) in Company
2nd May 20127:00 amRNSHCV Testing Certification
30th Apr 20124:00 pmRNSAnnual Financial Report
11th Apr 20127:00 amRNSInterim Management Statement
23rd Mar 20127:00 amRNSHIV Testing Certification
22nd Mar 20124:33 pmRNSHolding(s) in Company
15th Mar 20129:01 amRNSHolding(s) in Company
6th Mar 20122:28 pmRNSHolding(s) in Company
27th Feb 20124:03 pmRNSHolding(s) in Company
27th Feb 20123:55 pmRNSDirectorate Change
27th Feb 20127:00 amRNSFinal Results
16th Feb 20123:04 pmRNSHolding(s) in Company
13th Feb 20129:53 amRNSHolding(s) in Company
9th Feb 20128:49 amRNSHolding(s) in Company
14th Dec 201110:35 amRNSDirector/PDMR Shareholding
13th Dec 20112:00 pmRNSDirector/PDMR Shareholding
12th Dec 20112:45 pmRNSTrading Statement
24th Nov 20114:00 pmRNSHolding(s) in Company
16th Nov 20117:00 amRNSMotorola Agreement
31st Oct 201112:05 pmRNSHolding(s) in Company
26th Oct 20117:01 amRNSInterim Management Statement
26th Oct 20117:00 amRNSGlobal OEM Agreement
4th Oct 20117:00 amRNSChange of Adviser
15th Sep 20114:40 pmRNSSecond Price Monitoring Extn
15th Sep 20114:35 pmRNSPrice Monitoring Extension
12th Sep 201112:24 pmRNSHolding(s) in Company
18th Aug 20117:00 amRNSHalf Yearly Report
4th Aug 201110:00 amRNSNotice of Results
15th Jun 201112:47 pmRNSResult of AGM
15th Jun 20117:00 amRNSAGM Statement
13th May 20119:30 amRNSNotice of AGM
4th May 20117:00 amRNSInterim Management Statement
28th Apr 20115:46 pmRNSAnnual Financial Report
28th Apr 20114:35 pmRNSPrice Monitoring Extension
21st Apr 20117:00 amRNSAcquisition of ANDA
14th Apr 20119:35 amRNSHolding(s) in Company
4th Apr 201110:24 amRNSHolding(s) in Company
23rd Mar 20111:00 pmRNSHolding(s) in Company
17th Mar 201112:07 pmRNSDirector/PDMR Shareholding
15th Mar 201112:36 pmRNSHolding(s) in Company
10th Mar 201110:40 amRNSResult of General Meeting
7th Mar 201112:49 pmRNSDividend Declaration
7th Mar 20117:00 amRNSFinal Results
14th Feb 20117:00 amRNSNotice of EGM
9th Feb 20117:00 amRNSNotice of Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.