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Omega's ELISA Antibody Test Approved For COVID-19 Testing In India; Stock Up

Shares of Omega Diagnostics Group PLC(ODX.L) were gaining around 9 percent in London trading after the medical diagnostics company announced that its CE-Marked Mologic ELISA1 antibody test has been approved for testing of COVID-19 in India.

The Central Drugs Standard Control Organization, part of the Ministry of Health & Family Welfare, on Wednesday published a list of approved Rapid / CLIA / ELISA kits for testing of COVID-19, which included Omega's ELISA antibody test.

The company said the approval for sale remains conditional on the submission of supporting technical data. Omega hopes to be able to sell its ELISA antibody test directly into this potentially significant target market.

The laboratory-based ELISA antibody test has been independently validated by the Liverpool School of Tropical Medicine and St George's, University of London.

In London, Omega shares were trading at 44.40 pence, up 9.09 percent.

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