Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksODX.L Regulatory News (ODX)

  • There is currently no data for ODX

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

VISITECT® CD4 Advanced Disease Development Update

6 Aug 2018 07:00

RNS Number : 8514W
Omega Diagnostics Group PLC
06 August 2018
 

 

Omega Diagnostics Group PLC

("Omega" or "the Company")

 

VISITECT® CD4 Advanced Disease Development Update

Key development milestone reached having attained formal design freeze

 

Omega (AIM: ODX), the medical diagnostics company focused on allergy, food intolerance and infectious disease, announces the following update on its VISITECT® CD4 Advanced Disease Development programme.

 

The Company has achieved a key milestone by attaining the formal design freeze with its VISITECT® CD4 Advanced Disease product*, following the successful manufacture and evaluation of three development batches. Devices from these batches were tested at two sites within Africa, on sufficient numbers of patient samples, to demonstrate that the Company now has a method for manufacturing devices which consistently meet its design specifications.

 

This significant development allows Omega to progress into the formal verification and validation phase. The Company will use the chosen design to manufacture three validation batches which will be sent for evaluation at selected external sites including Africa and India. These evaluation results, combined with internal verification work will, if successful, enable Omega to CE‐Mark the product.

 

Omega remains confident in completing the verification and validation programme to deliver a unique product which will identify those people living with HIV who have advanced disease, for which there remains a significant unmet clinical need in low and middle-income countries. Once this process is completed the Company will CE-Mark the product and look to gain the appropriate regulatory approvals. We were not expecting the product to generate revenues in this current financial year and this remains the case

 

Colin King, CEO of Omega commented: "I am delighted that we have achieved this key milestone in our development programme which further demonstrates the high level of scientific skills within the Company. This development will further enhance our product offerings for CD4 and make a significant difference to people living with HIV in resource-poor environments."

 

The information communicated in this announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

*Advanced HIV disease in adults, adolescents and children ≥ five years is defined by the World Health Organisation as a CD4 cell count of

 

Contacts:

 

Omega Diagnostics Group PLC

Tel: 01259 763 030

Colin King, Chief Executive

www.omegadiagnostics.com

Kieron Harbinson, Group Finance Director

 

finnCap Ltd

Tel: 020 7220 0500

Geoff Nash/James Thompson (Corporate Finance)

Camille Gochez/ Abigail Wayne (Corporate Broking)

Walbrook PR Limited

Tel: 020 7933 8780 or omega@walbrookpr.com

Paul McManus

Mob: 07980 541 893

Lianne Cawthorne

Mob: 07584 391 303

 

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
 
 
UPDEAKPSELNPEFF
Date   Source Headline
7th Aug 20204:41 pmRNSSecond Price Monitoring Extn
7th Aug 20204:35 pmRNSPrice Monitoring Extension
30th Jul 20207:00 amRNSUpdate on progress of UK-Rapid Test Consortium
24th Jul 20209:45 amRNSExercise of Options and Total Voting Rights
23rd Jul 20202:05 pmRNSSecond Price Monitoring Extn
23rd Jul 20202:00 pmRNSPrice Monitoring Extension
23rd Jul 202012:45 pmRNSNotice of AGM and posting of Annual Report
21st Jul 20202:06 pmRNSSecond Price Monitoring Extn
21st Jul 20202:00 pmRNSPrice Monitoring Extension
21st Jul 202011:05 amRNSSecond Price Monitoring Extn
21st Jul 202011:00 amRNSPrice Monitoring Extension
21st Jul 20209:05 amRNSSecond Price Monitoring Extn
21st Jul 20209:00 amRNSPrice Monitoring Extension
20th Jul 20204:40 pmRNSSecond Price Monitoring Extn
20th Jul 20204:35 pmRNSPrice Monitoring Extension
20th Jul 20202:00 pmRNSPrice Monitoring Extension
20th Jul 202011:45 amRNSInvestor presentation
20th Jul 202011:05 amRNSSecond Price Monitoring Extn
20th Jul 202011:00 amRNSPrice Monitoring Extension
16th Jul 20209:05 amRNSSecond Price Monitoring Extn
16th Jul 20209:00 amRNSPrice Monitoring Extension
15th Jul 20204:13 pmRNSHolding(s) in Company
14th Jul 20207:00 amRNSFinal Results
13th Jul 202011:39 amRNSHolding(s) in Company
10th Jul 202011:23 amRNSResult of General Meeting
10th Jul 20207:00 amRNSNotice of Results
8th Jul 20207:00 amRNSResult of Open Offer – full take up
2nd Jul 20207:08 amRNSApproval for sale in India
29th Jun 20202:06 pmRNSSecond Price Monitoring Extn
29th Jun 20202:00 pmRNSPrice Monitoring Extension
29th Jun 202010:08 amRNSHolding(s) in Company
29th Jun 20207:00 amRNSUpdate on progress of UK-Rapid Test Consortium
22nd Jun 20202:15 pmRNSPublication of Shareholder Circular
22nd Jun 20207:00 amRNSInvestor presentation
19th Jun 20209:32 amRNSFundraising to raise gross proceeds of up to £11m
9th Jun 20209:05 amRNSSecond Price Monitoring Extn
9th Jun 20209:00 amRNSPrice Monitoring Extension
9th Jun 20207:00 amRNSTrading Update
3rd Jun 20209:04 amRNSUpdate on progress of UK-Rapid Test Consortium
1st Jun 202012:31 pmRNSHolding(s) in Company
28th May 20202:47 pmRNSExercise of Options and TVR
28th May 20202:06 pmRNSSecond Price Monitoring Extn
28th May 20202:01 pmRNSPrice Monitoring Extension
27th May 20204:41 pmRNSSecond Price Monitoring Extn
27th May 20204:35 pmRNSPrice Monitoring Extension
27th May 20203:53 pmRNSStmnt re Share Price Movement
27th May 20202:06 pmRNSSecond Price Monitoring Extn
27th May 20202:00 pmRNSPrice Monitoring Extension
27th May 202011:05 amRNSSecond Price Monitoring Extn
27th May 202011:00 amRNSPrice Monitoring Extension

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.