31st Oct 2013 07:00
Omega Diagnostics Group PLC
("Omega" or the "Company")
CD4 Update
Omega (AIM: ODX), the medical diagnostics company focused on allergy, food intolerance and infectious disease, announces the following update on its CD4 technology transfer project.
Further to the update given earlier this month, a number of experiments have been performed to investigate the variability within the production process. By definition, the experiments involved testing a number of variant devices, where each individual variant device incorporated controlled changes to a test parameter. The results from testing samples on these variant devices have enabled a majority of variants to be eliminated from further experimentation. The remaining variants are required to undergo further testing in order to select a single preferred manufacturing protocol. This protocol will be subject to a three-batch evaluation and the Board remains hopeful of completing the technology transfer by the end of December 2013 in line with revised expectations. Ultimately, the Board remains very confident of a successful technology transfer and will provide a further update in due course.
Contacts:
Omega Diagnostics Group PLC | Tel: 01259 763 030 |
Andrew Shepherd, Chief Executive | www.omegadiagnostics.com |
Kieron Harbinson, Group Finance Director | |
Jag Grewal, Group Sales and Marketing Director | |
finnCap Ltd | Tel: 020 7220 0500 |
Geoff Nash/Christopher Raggett (Corporate Finance) | |
Stephen Norcross/Mia Gardner (Corporate Broking) | |
Walbrook PR Limited | Tel: 020 7933 8780 or [email protected] |
Paul McManus | Mob: 07980 541 893 |
Lianne Cawthorne | Mob: 07584 391 303 |
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