Cambridge Nutritional Science (CNSL)

Sector:

Health Care

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FTSE AIM All-Share

4.15p
   
  • Change Today:
      0.050p
  • 52 Week High: 4.24
  • 52 Week Low: 1.73
  • Currency: UK Pounds
  • Shares Issued: 237.95m
  • Volume: 495,522
  • Market Cap: £9.87m

Omega Diagnostics HIV test gets WHO prequalification

By Josh White

Date: Friday 21 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Omega Diagnostics has received World Health Organization (WHO) prequalification for its 'VISITECT CD4' advanced disease test, it announced on Friday.
The AIM-traded firm said the test is the only currently-available handheld lateral flow point-of-care test for identifying patients with advanced HIV, who are at risk of potentially life-threatening opportunistic infections.

It said the VISITECT CD4 advanced disease test would now be included in the WHO list of prequalified in vitro diagnostics, and would become eligible to participate in the procurement processes of UN agencies.

WHO member states are encouraged to use the list for their respective procurement decisions, the board noted.

It said the prequalification process consisted of a "transparent, scientifically sound" assessment of products, which included an independent performance evaluation and site visits to the manufacturer to audit the quality system and product dossiers.

Omega said prequalification was a "key commercial milestone", and followed the supply agreement secured with the Clinton Health Access Initiative in April, which accelerated access to the test in low-income countries, lower-middle income countries and upper-middle income countries, as classified by the World Bank.

"We are extremely pleased to receive WHO prequalification on our VISITECT CD4 advanced disease test, which has allowed the US President's Emergency Plan for AIDS Relief (PEPFAR) and UN agencies to get the test incorporated into their budgets for 2021 meaning the test can reach more people in those countries most in need," said chief executive officer Colin King.

"This has been an extensive process, and I'm proud of the team delivering on such an important milestone for the group, in such challenging economic conditions."

At 0818 BST, shares in Omega Diagnostics were up 3.45% at 60p.

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CNSL Market Data

Currency UK Pounds
Share Price 4.15p
Change Today 0.050p
% Change 1.22 %
52 Week High 4.24
52 Week Low 1.73
Volume 495,522
Shares Issued 237.95m
Market Cap £9.87m

CNSL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
83.32% above the market average83.32% above the market average83.32% above the market average83.32% above the market average83.32% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average
Income Not Available
Growth
45.82% below the market average45.82% below the market average45.82% below the market average45.82% below the market average45.82% below the market average
61.11% below the sector average61.11% below the sector average61.11% below the sector average61.11% below the sector average61.11% below the sector average

CNSL Dividends

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Trades for 28-May-2024

Time Volume / Share Price
13:22 94,339 @ 4.24p
11:35 27,512 @ 4.10p
11:08 12,522 @ 4.08p
10:44 71,154 @ 4.20p
10:34 13,432 @ 4.06p

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