23rd Dec 2021 11:34
(Alliance News) - Yourgene Health PLC said it had won a contract for the provision of laboratory capacity to support Covid testing from the UK Department of Health & Social Care.
The Manchester-based molecular diagnostics company said the contact was to support the winter surge in Covid-19 testing and will run until March 31.
The contract is the third Health department contract awarded to Yourgene this year under the Public Health England National Microbiology Framework Agreement.
The previous two awards include the Covid-19 PCR surge testing announced in August and the recent UK Health Security Agency sequencing contract announced last week.
Chief Executive Lyn Rees said: "This is another strong endorsement of our progress and we are pleased to be able to support the nation's Covid testing effort. Actual value for this contract will depend on the services purchased, with no committed spend at this moment in time, but we look forward to updating shareholders on the progress over time."
Shares in Yourgene were up 2.1% at 12.51 pence on Thursday in London.
By Heather Rydings; [email protected]
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