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Paris, France and Camberley, UK – 8 April 2020 – Novacyt (EURONEXT GROWTH: ALNOV; AIM: NCYT), an international specialist in clinical diagnostics, announces that as part of the UK Government’s announcement of a new five pillar plan to increase testing for COVID-19, Novacyt is collaborating with AstraZeneca, GSK and the University of Cambridge to take action to support this national effort.
A new testing laboratory will be set up by AstraZeneca, GSK and the University of Cambridge at the university’s Anne McLaren laboratory. This facility will be used for high throughput screening for COVID-19 testing and to explore the use of alternative chemical reagents for test kits in order to help overcome current supply shortages.
As part of the collaboration, Novacyt will ensure an effective workflow process within the facility for COVID-19 testing, as well as provide its COVID-19 test to generate results data. Novacyt’s COVID-19 polymerase chain reaction (PCR) test has been developed by its molecular diagnostics division, Primerdesign, based in Southampton, UK.
This collaboration reinforces Novacyt’s existing support of the UK Government’s five pillar plan as the Company continues to work with a growing number of hospitals and is actively engaged with the NHS and Public Health England in helping to meet their testing requirements.
Steve Rees, Head of Discovery Biology, BioPharmaceuticals R&D of AstraZeneca, commented:
“We are delighted to be collaborating with Novacyt to develop and evaluate the required COVID-19 testing approach in the new AstraZeneca, GSK and University of Cambridge testing facility to support the broader UK government screening programme.”
Graham Mullis, Chief Executive Officer of Novacyt, added:
“Novacyt is committed to supporting national efforts in the fight against the COVID-19 pandemic. In the UK, we continue to work with the NHS and Public Health England to supply our COVID-19 test to a growing number of hospitals and, through this new collaboration with AstraZeneca, GSK and the University of Cambridge, we are very pleased to further assist the Government to increase testing. I again want to extend my gratitude to Novacyt employees who are working all hours, and to our supply chain for their continued support, as all stakeholders work together during this difficult time.”
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
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