Genedrive Coronavirus ID Kit Gets Approval for UK Sale
30 May 2022 - 5:25PM
Dow Jones News
By Joe Hoppe
Genedrive PLC said Monday that its point-of-care coronavirus
identification kit has received approval, allowing it to be sold in
the U.K.
The U.K.-based diagnostics company said that its Genedrive
COV19-ID Kit was given coronavirus test device approval by the UK
Medicines and Healthcare Products Regulatory Agency, after applying
on Dec. 21.
The company said the kit is a rapid diagnostic test that
delivers positive results in as little as seven-and-a-half minutes.
Since the submission for approval, the product has gone through
positive external validation, commercial partners have been engaged
in specific countries, and product claims have been expanded to
include the testing of asymptomatic patients, it said.
"The performance of the test has met CTDA standards in all
regards, which positions Genedrive well to engage in opportunities
as they develop going forwards in the U.K.," Chief Executive David
Budd said.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
May 30, 2022 03:10 ET (07:10 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Genedrive (LSE:GDR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Genedrive (LSE:GDR)
Historical Stock Chart
From Apr 2023 to Apr 2024