Genedrive PLC - Genedrive confirms receipt of India Import License
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RNS Number : 1975D
Genedrive PLC
25 June 2021
genedrive plc
("genedrive" or the "Company")
Genedrive confirms receipt of India Import License
genedrive plc (AIM: GDR), the near patient molecular diagnostics company, notes the
recent rise in its share price and confirms that it has received a license to import the
Genedrive® SARS-CoV-2 Kit into India via its partner DIVOC Health. This step follows the
approval of the product at the Indian Centre for Medical Research on 30 April 2021.
As previously stated, India has introduced pricing controls in their routine public testing
market that favours the provision of lower cost/basic tests than the Genedrive SARS-Cov2 Kit. The Company continues to assess specific commercial opportunities with DIVOC
Health in the Indian public and private markets.
For further details please contact:
genedrive plc
David Budd: CEO / Matthew Fowler: CFO
+44 (0)161 989 0245
Peel Hunt LLP (Nominated Adviser and
Joint Broker)
James Steel / Victoria Erskine
+44 (0)20 7418 8900
finnCap (Joint Broker)
Geoff Nash / Kate Bannatyne / Alice Lane
+44 (0)20 7220 0500
Walbrook PR Ltd (Media & Investor
Relations)
Paul McManus / Anna Dunphy
+44 (0)20 7933 8780 or
genedrive@walbrookpr.com
+44 (0)7980 541 893 / +44 (0)7876 741 001
About genedrive plc (http://www.genedriveplc.com)
genedrive plc is a molecular diagnostics company developing and commercialising a low
cost, rapid, versatile, simple to use and robust point of need molecular diagnostics
platform for the diagnosis of infectious diseases and for use in patient stratification
(genotyping), pathogen detection and other indications. The Company has assays on
market for the detection of HCV, certain military biological targets, and has tests in
development for tuberculosis (mTB). The Company recently released a high throughput
SARS-CoV-2 assay and has in development a Genedrive® Point of Care version of the
assay, both based on Genedrive® chemistry.
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