I Agree

We have updated our Privacy and Cookie Policy. By clicking "I Agree" below, you acknowledge that you accept our Privacy and Cookie Policy and Terms of Use.


This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies used on Trustnet and how you can manage them, see our Privacy and Cookie Policy.

By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms of Use.

For more information Click here



It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
Share   Print      RSS

Novacyt S.A. (NCYT)

Novacyt S.A.

Partnership with AZ, GSK & University of Cambridge
RNS Number : 1392J
Novacyt S.A.
08 April 2020

Novacyt S.A.


("Novacyt" or the "Company")


Collaboration with AstraZeneca, GSK and University of Cambridge to support UK national effort to increase COVID-19 testing


Paris, France and Camberley, UK - 8 April 2020 -   Novacyt ( EURONEXT GROWTH: ALNOV; AIM: NCYT ), an international specialist in clinical diagnostics, announces that as part of the UK Government's announcement of a new five pillar plan to increase testing for COVID-19, Novacyt is collaborating with AstraZeneca, GSK and the University of Cambridge to take action to support this national effort.


A new testing laboratory will be set up by AstraZeneca, GSK and the University of Cambridge at the university's Anne McLaren laboratory. This facility will be used for high throughput screening for COVID-19 testing and to explore the use of alternative chemical reagents for test kits in order to help overcome current supply shortages.


As part of the collaboration, Novacyt will ensure an effective workflow process within the facility for COVID-19 testing, as well as provide its COVID-19 test to generate results data. Novacyt's COVID-19 polymerase chain reaction (PCR) test has been developed by its molecular diagnostics division, Primerdesign, based in Southampton, UK.


This collaboration reinforces Novacyt's existing support of the UK Government's five pillar plan as the Company continues to work with a growing number of hospitals and is actively engaged with the NHS and Public Health England in helping to meet their testing requirements.


Steve Rees, Head of Discovery Biology, BioPharmaceuticals R&D of AstraZeneca, commented:  

"We are delighted to be collaborating with Novacyt to develop and evaluate the required COVID-19 testing approach in the new AstraZeneca, GSK and University of Cambridge testing facility to support the broader UK government screening programme."


Graham Mullis, Chief Executive Officer of Novacyt, added:  

"Novacyt is committed to supporting national efforts in the fight against the COVID-19 pandemic. In the UK, we continue to work with the NHS and Public Health England to supply our COVID-19 test to a growing number of hospitals and, through this new collaboration with AstraZeneca, GSK and the University of Cambridge, we are very pleased to further assist the Government to increase testing. I again want to extend my gratitude to Novacyt employees who are working all hours, and to our supply chain for their continued support, as all stakeholders work together during this difficult time."


This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.


- End -



Novacyt SA

Graham Mullis, Chief Executive Officer

Anthony Dyer, Chief Financial Officer

+44 (0)1276 600081


SP Angel Corporate Finance LLP (Nominated Adviser and Broker)

Matthew Johnson / Charlie Bouverat (Corporate Finance)

Vadim Alexandre / Rob Rees (Corporate Broking)

+44 (0)20 3470 0470


FTI Consulting (International)

Victoria Foster Mitchell / Mary Whittow

+44 (0)20 3727 1000

victoria.fostermitchell@fticonsulting.com / mary.whittow@fticonsulting.com  


FTI Consulting (France)

Arnaud de Cheffontaines

+33 (0)147 03 69 47



About Novacyt Group

The Novacyt Group is an international diagnostics business generating an increasing portfolio of in vitro and molecular diagnostic tests.  Its core strengths lie in diagnostics product development, commercialisation, contract design and manufacturing. The Company's lead business units comprise of Primerdesign and Lab21 Products, supplying an extensive range of high-quality assays and reagents worldwide. The Group directly serves microbiology, haematology and serology markets as do its global partners, which include major corporates.


For more information please refer to the website: www.novacyt.com


About COVID-19

Researchers at the Chinese Centre for Disease Control and Prevention and their collaborators have sequenced the 2019 novel coronavirus (COVID-19) pathogen from patient samples and have found it to be genetically distinct from the severe acute respiratory syndrome (SARS) virus that caused an epidemic in 2002 and 2003, as well as from the Middle East respiratory syndrome (MERS) virus that was detected in 2012.  



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.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

You are currently using an old browser which will not be supported by Trustnet after 31/07/2016. To ensure you benefit from all features on the site, please update your browser.   Close