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Share Name Share Symbol Market Type Share ISIN Share Description
Genedrive Plc LSE:GDR London Ordinary Share GB00B1VKB244 ORD 1.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.00 29.17% 31.00 30.50 31.50 31.75 25.25 26.125 7,031,425 11:57:48
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 0.7 -1.9 -1.2 - 28

Genedrive Shares Rise After Start of FDA Process for MT-RNR1 Product Range

05/10/2022 8:53am

Dow Jones News


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By Kyle Morris

 

Shares in Genedrive PLC rose 15% on Wednesday after the company said that it has begun the process for regulatory approval for its MT-RNR1 ID Kit with the U.S. Food and Drug Administration.

The molecular-diagnostics company said the MT-RNR1 assay is a rapid point-of-care test to screen infants in urgent care for a genetic variant that could cause life-long hearing loss when carriers are given certain antibiotics.

Shares in Genedrive at 0721 GMT were up 1.60 pence at 12.60 pence.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

October 05, 2022 03:38 ET (07:38 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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