Omega Diagnostics Group Plc signs a Supply Agreement with Mologic Ltd

Omega Diagnostics Group Plc (LON: ODX) has released a trading update to the shareholders.

  • The company has signed a supply agreement with Mologic Ltd, according to which Mologic will provide raw materials to facilitate the company to capabilities to manufacture its CE-Marked ELISA antibody test.
  • The company has also shipped its first order for the COVID-19 ELISA test to Senegal worth around £0.1 million.
  • The company has also stated that it is presently involved in registration and assessment work in 15 countries which is soon expected to result in orders.
  • On 9th June 2020, at the time of writing, GMT 09:31 AM, ODX shares were trading at GBX 50.50, down by 11.50 points or 20.16% against the previous day closing price.