02:00 Tue 18 May 2021
BATM Advanced Comm - BATM commences delivery of new COVID-19 tests
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BATM Advanced Communications Limited
("BATM" or "the Group")
BATM commences delivery of saliva-based RT-PCR and new rapid lateral flow COVID-19 tests
Italian Olympic Committee to use BATM's saliva COVID-19 test for Tokyo Olympics
BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it has commenced delivery of two new diagnostic tests for SARS-CoV-2 (COVID-19) and that the Italian Olympic Committee intends to use the Group's saliva-based RT-PCR test for the upcoming Olympic Games in
Saliva-based RT-PCR test
Further to the Group's announcement of
The initial customers are public health authorities in
The test involves the individual spitting into a collector tube rather than deep swabbing via the nose (nasopharyngeal swab) or back of the throat (oropharyngeal swab). It is based on the Group's antigen RT-PCR kit that has five (4+1) gene discovery capability, which enables detection even with a very low viral load and has 100% accuracy for specificity and sensitivity. The test can be administered without the need for trained healthcare workers in full body personal protective equipment, offering advantages in terms of speed of sample collection as well as lab processing and being more cost effective than the RT-PCR process for standard swab-based tests.
The Group is producing the test at its Adaltis facility in
Rapid lateral flow test
BATM is also pleased to announce the commercial launch of the RAPiDgen® SARS-CoV-2 Ag test, which is an easy-to-use rapid test that gives results in 8-15 minutes. The test detects SARS-CoV-2 antigens, using the lateral flow method, in samples collected with a nasal (nostril) swab.
The test consists of a small self-contained device and a nasal swab: after collecting a nasal secretion sample, the swab is placed into an opening in the device, swirled and then the cap clicked to a different direction. This compares with commonly available rapid tests that require the individual to prepare the test by pouring a buffer liquid into an extraction tube and, after swirling the swabbed sample in the extraction tube, dropping liquid onto a test strip. The RAPiDgen® SARS-CoV-2 Ag has undergone validation testing by hospitals in
The test has been developed by the Group's Adaltis subsidiary and Gamidor Diagnostics ("Gamidor"). Gamidor is part of the Gamida for Life B.V. group that is also a partner in the Group's Ador Diagnostics associate company. The rapid test is being marketed under the Adaltis brand and sold under a revenue-share agreement with Gamidor. Production has commenced at Gamidor's facility in
Dr
"I am delighted with the performance of our diagnostic tests - both commercially and medically. Our COVID-19 tests have demonstrable advantages compared with others available in the market in terms of accuracy, ease-of-use and cost effectiveness.
"With the rollout of our saliva-based and rapid diagnostic kits, we now offer a full range of tests that can provide a comprehensive solution for tackling the pandemic. We continue to receive strong demand for our COVID-19 tests - and, in particular, we are honoured that the Italian Olympic Committee will be using our saliva tests to support
"At the same time, we expect this technology enabling precise diagnoses using saliva samples to be applied to diseases beyond COVID-19. It would be particularly beneficial for tests used to quickly differentiate between illnesses to provide an accurate diagnosis, such as our multi-pathogen respiratory test. We are also continuing to work with our academic and business partners to develop other innovative diagnostic solutions that we believe are at the forefront of the battle against infectious disease.
"We are very proud of what we have achieved and very excited about what's still to come, and we look forward to updating the market in due course."
Enquiries:
BATM Advanced Communications |
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+972 9866 2525 |
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Shore Capital |
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+44 20 7408 4050 |
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Harry Chathli, |
+44 20 7618 9100 |
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