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0 0 0 0.00449775112443778 0.00449775112443778 -0.00749625187406297 0.00449775112443778 0.00470764617691152
Stock impact report

Novacyt biotech company says winning race for high-speed virus test [Reuters]

Thermo Fisher Scientific Inc (TMO) 
Last thermo fisher scientific inc earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Reuters
Novacyt biotech company says winning race for high-speed virus test PARIS (Reuters) - Franco-British biotech company Novacyt ( ALNOV.PA ) says it can offer a coronavirus test that is faster than rival methods by focusing on a narrow sequence of DNA coding, as it fights stiff competition to turn the outbreak into a business opportunity. In an appeal for sharing virus samples and speeding up research into drugs, vaccines, and diagnostics, the World Health Organization on Tuesday said China’s coronavirus outbreak posed a “very grave threat for the rest of the world”. To date, China has reported 42,708 confirmed cases, including 1,017 deaths. More than 300 cases are also reported in at least 24 other countries. Novacyt shares have risen by almost 400% so far this year after it said it had designed a test able to detect the coronavirus in less than two hours. Current testing, which can also identify other strains, can take up to a day. The test has not received regulatory approval but No Show less Read more
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