Abingdon Health (ABDX)

Sector:

Health Care

Index:

FTSE AIM All-Share

 7.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 12.10p
  • 52 Week Low: 6.75p
  • Currency: UK Pounds
  • Shares Issued: 193.63m
  • Volume: 1,284
  • Market Cap: £14.04m
  • Beta: 0.47

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 7.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 12.10p
52 Week Low 6.75p
Volume 1,284
Shares Issued 193.63m
Market Cap £14.04m
Beta 0.47

ABDX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.83% below the market average49.83% below the market average49.83% below the market average49.83% below the market average49.83% below the market average
77.14% below the sector average77.14% below the sector average77.14% below the sector average77.14% below the sector average77.14% below the sector average
Price Trend
35.06% below the market average35.06% below the market average35.06% below the market average35.06% below the market average35.06% below the market average
2.7% below the sector average2.7% below the sector average2.7% below the sector average2.7% below the sector average2.7% below the sector average
Income Not Available
Growth
26.39% above the market average26.39% above the market average26.39% above the market average26.39% above the market average26.39% above the market average
61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average

ABDX Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
11:59 951 @ 7.08p
10:17 8 @ 7.01p
08:15 325 @ 7.50p

ABDX Key Personnel

CEO Chris Henry Francis Yates

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