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IN BRIEF: DeepVerge shares rise as Modern Water gains new orders

21st Oct 2021 17:42

DeepVerge PLC - York, England-based environmental & life science AI company - Says division Modern Water gets GBP2.2 million of new orders for newly enhanced monitoring equipment with upgraded software which are being shipped to the UK, India and China to meet customer and partner obligations for delivery in this financial year.

The shipments include upgraded Microtox toxicity monitoring, new models of the Microtox PD range for SARS-CoV-2 and other pathogen monitoring as well as Microsaic mass spectrometer equipment to monitor forever chemicals and contaminants of emerging concern.

"Just 11 months following the Modern Water acquisition, DeepVerge is shipping 2nd generation real-time pandemic response equipment with SARS-CoV-2 detection fully integrated to meet initial customer demand after the successful demonstration of Phase III field trials announced," says Chief Executive Officer Gerry Brandon.

Current stock price: 25.40 pence, up 13% on Thursday

Year-to-date change: down 18%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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