Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Omega Diagnostics delivers update on AbC-19 rapid antibody Covid test

Published 24/02/2021, 08:53
Updated 24/02/2021, 08:55

By Samuel Indyk

Investing.com – Omega Diagnostics Group Plc (LON:ODX) has issued a statement after the UK Rapid Test Consortium (UK-RTC) issued a press release presenting new data relating to the performance of their AbC-19 rapid antibody test when used as a companion diagnostic to the Pfizer Inc (NYSE:PFE)-BioNTech SE (NASDAQ:BNTX) vaccine.

During the University of Birmingham study, the company’s AbC-19 rapid test was used to test individuals who had been given a single dose of the Pfizer-BioNTech vaccine. The company notes that from the data, the AbC-19 rapid antibody test was effective in demonstrating immune response following first dose vaccination.

UK-RTC statement

"The initial data from the study being performed at the University of Birmingham supports the rationale that vaccination programmes could benefit from determining an individual's antibody status not only after vaccination but also prior to vaccination,” the UK-RTC said in a statement.

“Should these results continue to be seen in further studies, and with other vaccines, this demonstrates that the AbC-19 TM antibody test could potentially assist in patient stratification and resource management in overburdened international healthcare settings."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.