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IN BRIEF: SourceBio Enters Commercial Agreement For Covid-19 Testing

15th Dec 2020 20:40

SourceBio International PLC - laboratory services provider - Says it has entered into a strategic commercial partnership with DNA/RNA sequencing technology company Oxford Nanopore Technologies Ltd, to offer a commercially available Covid-19 testing solution to corporate customers at scale. The test will also be offered to consumers.

Chair Jay LeCoque said: "The UK government has minimum standards for private sector providers of COVID-19 testing and we are delighted to have been awarded full UKAS ISO15189 status for our Covid testing. Very few commercial institutions have received this standard and it is a mandatory requirement from next summer 2021. This underscores the high standard of our accredited testing services and provides us with a significant advantage in the market."

Current stock price: 170 pence

Year-to-date change: up 4.7% from October's IPO price of 162p

By Arvind Bhunjun; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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