IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGenedrive Share News (GDR)

Share Price Information for Genedrive (GDR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.70
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.10 (6.061%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1.70
GDR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Genedrive announces orders for testing kit worth over GBP100,000

Fri, 24th May 2024 11:31

(Alliance News) - Genedrive PLC on Friday said it had received initial UK orders for its MT-RNR1 testing kit.

The Manchester-based point of care pharmacogenetic testing company said five hospitals across the Greater Manchester area placed orders valued in excess of GBP100,000.

These hospitals include The Royal Oldham Hospital, Stepping Hill Hospital, Royal Bolton Hospital, Royal Albert Edward Infirmary and Tameside General Hospital which together admit approximately 1,900 babies per year.

The MT-RNR1 kit is a non-invasive test which in 26 minutes can identify babies in intensive care units with the MT-RNR1 genetic variant. Failure to identify this variant leaves infants susceptible to hearing loss if prescribed aminoglycoside antibiotics.

Chief Executive Officer James Cheek said: "I am delighted to see the positive effects of our direct to customer commercialisation strategy in the UK... Our expectation is that more NHS trusts will adopt this simple to use point of care genetic test in the coming months and we continue to grow our opportunities overseas."

This latest round of orders follow initial international orders from six countries which were received in December.

Genedrive shares were up 7.5% to 1.80 pence each in London on Friday morning.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
21 Dec 2020 18:10

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

Read more
16 Dec 2020 12:16

Genedrive notifies FDA of intent to distribute Covid test

(Sharecast News) - Molecular diagnostics company Genedrive has notified the United States Food and Drug Association (FDA) of its intention to import and distribute its 'Genedrive 96 SARS-CoV-2 Kit' prior to an emergency use authorisation (EUA) determination, it announced on Wednesday.

Read more
16 Dec 2020 11:04

IN BRIEF: Genedrive To Commence Covid Testing Kit Distribution In US

IN BRIEF: Genedrive To Commence Covid Testing Kit Distribution In US

Read more
11 Dec 2020 19:34

IN BRIEF: Genedrive To Issue Shares To BGF After Loan Note Conversion

IN BRIEF: Genedrive To Issue Shares To BGF After Loan Note Conversion

Read more
3 Dec 2020 19:58

UK TRADING UPDATE SUMMARY: BMO Commercial Free From Arcadia, Debenhams

UK TRADING UPDATE SUMMARY: BMO Commercial Free From Arcadia, Debenhams

Read more
20 Nov 2020 19:26

IN BRIEF: Genedrive's HCV ID Kit Deemed Suitable For Use In India

IN BRIEF: Genedrive's HCV ID Kit Deemed Suitable For Use In India

Read more
17 Nov 2020 14:49

UK EARNINGS SUMMARY: Focusrite Revenue Up Over 50% On Acquisitions

UK EARNINGS SUMMARY: Focusrite Revenue Up Over 50% On Acquisitions

Read more
22 Oct 2020 17:42

IN BRIEF: Genedrive Completes Assay Design For Covid Testing Solution

IN BRIEF: Genedrive Completes Assay Design For Covid Testing Solution

Read more
30 Sep 2020 17:56

IN BRIEF: Genedrive's Covid-19 Kit Gets Approval In South Africa

IN BRIEF: Genedrive's Covid-19 Kit Gets Approval In South Africa

Read more
30 Sep 2020 17:21

Genedrive gets approval for Covid-19 kit in South Africa

(Sharecast News) - Molecular diagnostics company Genedrive announced on Wednesday that its 'Genedrive 96' SARS-CoV-2 kit has received approval from the South African Health Products Regulatory Authority, having been submitted for evaluation in June.

Read more
25 Sep 2020 09:07

Genedrive Completes Testing Of Beckman's RNA Extraction With Covid Kit

Genedrive Completes Testing Of Beckman's RNA Extraction With Covid Kit

Read more
4 Aug 2020 19:16

UK TRADING UPDATE SUMMARY: Brickability Recovering Well From Pandemic

UK TRADING UPDATE SUMMARY: Brickability Recovering Well From Pandemic

Read more
10 Jul 2020 11:47

IN BRIEF: Genedrive Expects Lower Revenue, Develops Covid Software

IN BRIEF: Genedrive Expects Lower Revenue, Develops Covid Software

Read more
10 Jul 2020 10:43

UK WINNERS & LOSERS SUMMARY: IPF Rises As June Collections Improve

UK WINNERS & LOSERS SUMMARY: IPF Rises As June Collections Improve

Read more
10 Jul 2020 10:15

Genedrive revenues tumble as Covid-19 hits pre-existing business activities

(Sharecast News) - Molecular diagnostics company Genedrive saw revenues tumble in the year ended 30 June due to the impact of the Covid-19 pandemic on pre-existing business activities.

Read more

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.