Abingdon Health (ABDX)

Sector:

Health Care

Index:

FTSE AIM All-Share

 10.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 13.00
  • 52 Week Low: 6.75
  • Currency: UK Pounds
  • Shares Issued: 193.63m
  • Volume: 82,841
  • Market Cap: £19.36m

Abingdon Health launching saliva pregnancy test with Boots

By Josh White

Date: Wednesday 15 May 2024

LONDON (ShareCast) - (Sharecast News) - Lateral flow contract development and manufacturing organisation Abingdon Health announced the launch of Boots' own-brand saliva pregnancy self-test across the UK and online on Wednesday, in collaboration with Salignostics and Crest Medical.
The AIM-traded firm said that following the successful launch of the first two Boots-branded self-tests for iron and vitamin D deficiency on 20 March, it was introducing the first-ever saliva pregnancy test under the Boots own-brand range.

It said the new test would be available in-store and online from the spring, providing individuals with a convenient and accessible method of pregnancy testing.

Abingdon said that, with the UK pregnancy self-test market projected to reach $56.7m by 2033, the initiative represented a strategic opportunity to introduce a new product in collaboration with the UK's top health and beauty retailer.

With consumer adoption of self-tests reaching $7.89bn in 2023, Abingdon said it was well-positioned to capitalise on the trend.

The company said it had a robust pipeline of products within its CRO/CDMO offering, and was poised to further develop OEM retail relationships within the UK and Europe.

"We are delighted to announce the launch of the Boots branded saliva pregnancy test in conjunction with our partners Salignostics and Crest Medical," said chief executive officer Chris Yates.

"This launch showcases our ability to deliver innovative and disruptive private label products through our CDMO/CRO lateral flow full-service proposition with one of the most trusted UK brands - Boots."

At 1210 BST, shares in Abingdon Health were up 10.15% at 10.74p.

Reporting by Josh White for Sharecast.com.

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ABDX Market Data

Currency UK Pounds
Share Price 10.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 13.00
52 Week Low 6.75
Volume 82,841
Shares Issued 193.63m
Market Cap £19.36m

ABDX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.19% below the market average48.19% below the market average48.19% below the market average48.19% below the market average48.19% below the market average
82.86% below the sector average82.86% below the sector average82.86% below the sector average82.86% below the sector average82.86% below the sector average
Price Trend
57.17% above the market average57.17% above the market average57.17% above the market average57.17% above the market average57.17% above the market average
67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average
Income Not Available
Growth
5.67% above the market average5.67% above the market average5.67% above the market average5.67% above the market average5.67% above the market average
5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average

ABDX Dividends

No dividends found

Trades for 06-Sep-2024

Time Volume / Share Price
16:12 8,600 @ 9.69p
15:41 44,132 @ 9.72p
13:10 19,409 @ 9.72p
13:05 538 @ 9.71p
09:18 10 @ 10.05p

ABDX Key Personnel

CEO Chris Henry Francis Yates

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