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Prices & Quotes - UK Markets - Omega Diagnostics Group (ODX)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 25.50p
Change Today:
-0.75p
Market Cap:
46.58m
Sector:
Health Care Equipment & Services

Omega Diagnostics files for CE-mark on Covid-19 self-test

By Josh White

Date: Monday 06 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Medical diagnostics company Omega announced on Monday that all of the supporting data and documentation relating to its submission for CE-marking for self-test use of its 'Visitect' Covid-19 antigen test had been filed with its European notified body.
The AIM-traded firm said the submission process had been running in parallel with the useability study conducted by Ulster University since mid-July, with the conclusion of the Ulster study being the final step in the process.

It said the test was already CE-marked for professional-use, and once approved, would allow it to be sold in Europe for home-use as well.

As the global market for antigen testing develops, the company said it believed self-test approval would be a "key" requirement, as had already been seen in the UK.

The submission was already under review by the notified body, the board said.

"As a result of a lot of hard work by our team and Ulster University, we are very pleased to have submitted all of the information required for self-test use approval for our Visitect Covid-19 antigen test," said chief executive officer Colin King.

"Once approval is granted, we anticipate strong demand for a UK developed and manufactured product.

"Furthermore, we believe we have a high-quality, high-performance product with significant global appeal, including the United States market, due to that market's size and high barriers to entry."

At 1542 BST, shares in Omega Diagnostics Group were up 2.64% at 54.4p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

ODX Market Data

Currency UK Pounds
Price 25.50p
Change Today -0.75p
52 Week High 99.50p
52 Week Low 24.00p
Volume 7,395,411
Shares Issued 182.68m
Market Cap 46.58m
Beta 1.38

Performance Indicators

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ODX Dividends

No dividends found

Trades for 29-Nov-2021

Time Volume / Share Price
16:29 10,891 @ 25.63p
16:29 31,215 @ 25.60p
16:28 68,000 @ 25.48p
16:28 19,588 @ 25.48p
16:28 10,000 @ 25.48p

ODX Key Personnel

CEO Colin King
Chair Simon Gordon Douglas
CFO Christopher Paul Lea