Versarien (VRS)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

0.10p
   
  • Change Today:
      0.007p
  • 52 Week High: 5.10
  • 52 Week Low: 0.087
  • Currency: UK Pounds
  • Shares Issued: 1,488.17m
  • Volume: 19,732,779
  • Market Cap: £1.55m
  • RiskGrade: 561

Versarien reveals antiviral potential of graphene materials

By Josh White

Date: Wednesday 18 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Advanced materials engineering company Versarien announced the receipt of an independent report from Turkey's Ankara University on Wednesday, detailing the results of a preliminary study of its modified graphene materials for use against SARS-CoV-2, the strain of coronavirus that causes the Covid-19 disease.
The AIM-traded firm said the preliminary test results showed that the materials "significantly inhibit" viral infection, and possessed antiviral activity towards SARS-CoV-2.

It said the study was undertaken to test, in a laboratory environment, the hypothesis that graphene nanoplatelets doped with metal oxide nanoparticles, as produced by Versarien, could inactivate the SARS-CoV-2 coronavirus.

Two graphene nanoplatelet batches doped with different metal oxide nanoparticles, 'GNA-22' and 'GNA-24', were provided by Versarien to a team led by Dr Acelya Yilmazer Aktuna at Ankara University.

Those doped materials were produced using technology from the company's subsidiary 'Gnanomat', and were then separately dispersed in a phosphate buffer solution by Ankara University and provided to an external biosafety level 3 laboratory for testing.

In order to determine the antiviral effect of the materials provided, the level of inhibition of viral infection was assessed.

Testing was carried out on VeroE6 cells containing SARS-CoV-2, and viral copy numbers were analysed in real time to demonstrate the level of SARS-CoV-2 inhibition of the aqueous suspensions of GNA-22 and GNA-24, compared to control samples not exposed to those modified graphene materials.

Initial results showed a log 4 reduction of SARS-CoV-2 using GNA-22 of approximately 99.99% inhibition, and a log 2 reduction using GNA-24 of approximately 99% inhibition.

Those results were described by the company as "statistically highly significant".

The report concluded that the results showed that GNA-22 and GNA-24 significantly inhibited viral infection, and suggested that the materials possessed antiviral activity towards SARS-CoV-2.

"While we must stress that these results have been achieved under laboratory conditions, they do demonstrate that our hybrid graphene nanomaterials have the potential to provide protection from Covid-19," said chief executive officer Neill Ricketts.

"The results provide us with sufficient levels of confidence for our combined Gnanomat and 2-DTech teams to move to rapid testing of these materials in real-world applications as diverse as face masks, clothing and surface treatments, together with investigating the protection that they can provide from other viruses and bacteria."

At 1227 GMT, shares in Versarien were up 4.9% at 35.67p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Versarien Market Data

Currency UK Pounds
Share Price 0.10p
Change Today 0.007p
% Change -6.31 %
52 Week High 5.10
52 Week Low 0.087
Volume 19,732,779
Shares Issued 1,488.17m
Market Cap £1.55m
RiskGrade 561

Versarien Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.42% below the market average12.42% below the market average12.42% below the market average12.42% below the market average12.42% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Price Trend
99.31% below the market average99.31% below the market average99.31% below the market average99.31% below the market average99.31% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average
Income Not Available
Growth
50.64% below the market average50.64% below the market average50.64% below the market average50.64% below the market average50.64% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

Versarien Dividends

No dividends found

Trades for 19-Apr-2024

Time Volume / Share Price
16:35 400,000 @ 0.10p
16:35 133,334 @ 0.10p
16:35 266,666 @ 0.10p
16:30 1,222 @ 0.10p
16:30 90,000 @ 0.10p

Versarien Key Personnel

Finance Director Christopher Leigh
CEO Stephen Hodge

Top of Page