Talks could trigger COVID test rollout

Cambridge biotech Avacta Group is in discussions with commercial partners to establish a route to market for a CE marked BAMS COVID-19 test that can be deployed in hospitals in the UK and Europe.

It is one of several initiatives designed to combat the coronavirus that Avacta is making progress with. The company develops innovative cancer therapies and diagnostics based on its proprietary Affimer® and pre|CISION™ platforms.

At the start of this week it announced significant progress in the development of a highly scalable manufacturing process for a lateral flow SARS-CoV-2 antigen test being carried out with BBI Solutions. It reported that the lateral flow test has very good analytical sensitivity with laboratory samples.

Avacta Group Plc (LON:AVCT) offers reagents and therapeutics based on Affimer technology for diagnostic and research applications in the United Kingdom. The company’s custom Affimer products are also used in drugs and biomarkers discovery in biotech research and development.

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