Abingdon Health (ABDX)

Sector:

Health Care

Index:

FTSE AIM All-Share

10.35p
   
  • Change Today:
      0.100p
  • 52 Week High: 13.00p
  • 52 Week Low: 6.75p
  • Currency: UK Pounds
  • Shares Issued: 126.72m
  • Volume: 135,942
  • Market Cap: £13.12m

Abingdon Health rolling out saliva-based pregnancy test

By Josh White

Date: Monday 19 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Abingdon Health announced the release of 'Salistick', a saliva pregnancy test, in the United Kingdom and Ireland on Monday.
The AIM-traded firm said the product would provide women with an enhanced user experience, delivering high accuracy for early pregnancy detection, using patented saliva technology instead of traditional urine tests.

It said Salistick allows for convenient testing anywhere and at any time, fostering the opportunity to share the testing experience with partners and loved ones.

Salignostics, an Israel-based developer of saliva-based diagnostic tests, had entrusted Abingdon as the exclusive distributor of Salistick in the UK and Ireland.

Abingdon had provided distribution support, and offered contract development services to Salignostics, aiding in the scaling-up of the Salistick product for manufacturing.

The company said it would continue to provide contract manufacturing services to Salignostics in the future.

Abingdon added that it was partnering with retailer Superdrug for the launch of Salistick.

Initially, the product would be rolled out across 400 Superdrug stores, and will be available for purchase on Superdrug.com.

Additionally, Abingdon would introduce Salistick through its direct-to-consumer e-commerce channel, 'Abingdon Simply Test'.

The product would be co-branded as 'Abingdon Simply Test', expanding the range of self-tests available under the brand line to more than 15.

Abingdon said it was aiming to continuously broaden its selection of self-tests by partnering with companies like Salignostics in a bid to provide consumers with the best novel self-test technologies available in the market.

"We are delighted to announce the launch of Salistick, initially across 400 Superdrug stores and at Superdrug.com," said chief executive officer Chris Yates.

"This novel technology provides women with an enhanced user-experience; offering the ability to test anywhere, anytime, and for the experience to be shared with a partner and other loved ones.

"We are pleased to have supported our partner Salignostics through the development process into manufacturing and now commercial launch, and we look forward to deepening our collaboration as we move forward."

At 1058 BST, shares in Abingdon Health were up 8.88% at 16p.

Reporting by Josh White for Sharecast.com.

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ABDX Market Data

Currency UK Pounds
Share Price 10.35p
Change Today 0.100p
% Change 0.98 %
52 Week High 13.00p
52 Week Low 6.75p
Volume 135,942
Shares Issued 126.72m
Market Cap £13.12m

ABDX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.73% below the market average43.73% below the market average43.73% below the market average43.73% below the market average43.73% 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
31.26% above the market average31.26% above the market average31.26% above the market average31.26% above the market average31.26% above the market average
62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average
Income Not Available
Growth
6.31% above the market average6.31% above the market average6.31% above the market average6.31% above the market average6.31% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

ABDX Dividends

No dividends found

Trades for 26-Jul-2024

Time Volume / Share Price
14:16 10,000 @ 10.25p
13:12 1 @ 11.00p
13:12 13 @ 11.00p
12:56 4,829 @ 10.25p
11:13 19,530 @ 10.22p

ABDX Key Personnel

CEO Chris Henry Francis Yates

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