Genedrive PLC - Capital Network: Overlooked Story Entering the Launch of their HepC Diagnostic Kit
Genedrive (LON:GDR), an innovative diagnostic company, focuses on the development and commercialization of a novel, point-of-care diagnostic system, also called Genedrive® (in line with Company's policy, "genedrive" refers to the business, whereas "Genedrive®" indicates the diagnostic product).
Genedrive (LON:GDR) is the first firm to launch a decentralized Hepatitis C diagnostic kit, entering a large market at a time when new curative therapies for this severe disease are transforming opportunities for testing and treatment. We also note that the Company's diagnostic technology has a wide range of potential applications, ranging from the diagnosis of many other infectious diseases, to biohazard detection and applications in industrial settings (e.g. aquaculture).
Genedrive is a holding company. Through its subsidiaries, Co. is a molecular diagnostics business developing and commercializing a point of care diagnostics platform for the diagnosis of infectious diseases and for use in patient stratification (genotyping), pathogen detection and other indications. Co.'s Genedrive® is a patented small polymerase chain reaction platform which enables rapid nucleic acid amplification and detection from various sample types, including plasma, sputum and buccal swabs. Co. also provides contract research services to drug development companies under the Epistem brand name.
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