MARKET REPORT: Novacyt in demand as it battles new Covid strains

MARKET REPORT: Novacyt in demand after it launches products that can detect new variants of the Covid virus By Francesca Washtell For The Daily Mail Published: 22:53 GMT, 2 February 2021 | Updated: 22:53 GMT, 2 February 2021 Novacyt proved it is still a fast mover in the battle to beat Covid after launching products … Read more

Covid test maker Novacyt saw sales rise 20-fold last year

Covid test maker Novacyt saw sales rise 20-fold during the pandemic prompting its share price to rise 5,000% in a year Annual profits expected to jump from £1.6m to £91.8m in fresh results AIM-listed group’s share price has rocketed, but closed down 17% on Friday  By City & Finance Reporter for the Daily Mail and … Read more

MARKET REPORT: Novacyt sales up tenfold amid battle to beat Covid

Being a fast mover in the battle to beat Covid has paid off for Novacyt, a biotechnology tiddler listed on AIM that few retail investors had heard of at the start of the year. Things have changed dramatically since then, after the French group’s Southampton-based subsidiary, Primerdesign, developed one of the world’s first coronavirus tests … Read more

Covid testing kits fuel sales boom at Novacyt

Covid testing kits fuel sales boom at Novacyt as it racks up revenues of more than £90m By Daily Mail City & Finance Reporter Published: 21:50 BST, 14 May 2020 | Updated: 21:50 BST, 14 May 2020 A British producer of coronavirus testing kits expects ‘significant demand’ to continue for the rest of the year … Read more

Novacyt shoots to stock market stardom after developing diagnostic test for Covid-19

AIM-listed biotechnology firm Novacyt shoots to stock market stardom after developing diagnostic test for Covid-19 By Daily Mail City & Finance Reporter Published: 21:50 BST, 17 April 2020 | Updated: 22:15 BST, 17 April 2020 Few amateur traders had heard of Novacyt at the start of the year.  But the AIM-listed biotechnology firm has shot … Read more

Novacyt up after government orders coronavirus tests in a £1m deal 

Biotech minnow Novacyt up 18% after government orders thousands of coronavirus tests in a £1m deal By Daily Mail City & Finance Reporter Published: 22:15 GMT, 16 March 2020 | Updated: 20:16 GMT, 17 March 2020 Novacyt raced 18 per cent higher after Public Health England ordered thousands of its coronavirus tests in a £1million … Read more

Novacyt up after government orders coronavirus tests in a £3.7m deal 

Biotech minnow Novacyt up 18% after government orders thousands of coronavirus tests in a £3.7m deal By Daily Mail City & Finance Reporter Published: 22:15 GMT, 16 March 2020 | Updated: 22:15 GMT, 16 March 2020 Novacyt raced 18 per cent higher after Public Health England ordered thousands of its coronavirus tests in a £3.7million … Read more

SMALL CAP MOVERS: Novacyt rare riser thanks to coronavirus test

Novacyt was one of the rare risers in a bloodbath week for the UK stock market, thanks to the success of its coronavirus diagnostic test which it handily launched a few weeks ago. The stock has been rising steadily for the past month or so, but shot up 33 per cent to 140.14p in the … Read more

MARKET REPORT: Coronavirus test lifts biotech firm Novacyt shares 33%

Investors snapped up shares in biotechnology minnow Novacyt as the coronavirus edged closer to becoming a pandemic. AIM-listed Novacyt is selling a test for the infection that delivers a result in two hours and doesn’t need a doctor to oversee it. It was the first company to receive an approval for a Covid-19 test, meaning … Read more

Shares in biotechnology firm Novacyt rocket to record high after it launches test for coronavirus

Shares in biotechnology firm Novacyt rocket to record high after it launches test for coronavirus By Daily Mail City & Finance Reporter Published: 21:50 GMT, 17 February 2020 | Updated: 21:50 GMT, 17 February 2020 Shares in biotechnology firm Novacyt rocketed to a record high after it launched a test for the coronavirus. The AIM-listed … Read more