Genedrive PLC Completion of Disposal (9477Q)
11 June 2018 - 6:25PM
UK Regulatory
TIDMGDR
RNS Number : 9477Q
Genedrive PLC
11 June 2018
For release: 11 June 2018
genedrive plc ("genedrive" or the "Company")
Completion of Disposal
Further to the announcement on 14(th) May 2018 and shareholder
approval at the General Meeting on 4(th) June, genedrive plc is
pleased to announce that it has now completed the sale of its
contract research and pharmacogenomics divisions for an aggregate
cash consideration of up to GBP1.9m.
- Ends -
For further details please contact:
genedrive plc
David Budd: CEO +44 (0)161 989 0245
Matthew Fowler: CFO
Peel Hunt LLP
James Steel +44 (0)207 418 8900
Oliver Jackson
Stanford Capital Partners Limited +44 (0)203 815 8880
Patrick Claridge
Consilium Strategic Communications
Chris Gardner +44 (0)203 709 5700
Matthew Neal
Laura Thornton
genedrive@consilium-comms.com
Notes to Editors
About genedrive plc
genedrive plc is a molecular diagnostics company developing and
commercialising a low cost, rapid, versatile, simple to use and
robust point of need molecular diagnostics platform for the
diagnosis of infectious diseases and for use in patient
stratification (genotyping), pathogen detection and other
indications. The Genedrive(R) HCV-ID test has received CE-IVD
Certification and has been launched in Africa and Asia Pacific.
genedrive has distribution agreements with subsidiaries of Sysmex
Corporation for the distribution of the Genedrive(R) platform in
the EMEA and SE Asia (ex India), and with ARKRAY Healthcare pvt Ltd
for the distribution of the Genedrive(R) HCV ID Kit and
Genedrive(R) platform in India.
Further details can be found at: www.genedriveplc.com and
www.genedrive.com
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END
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