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Omega Diagnostics Ord 4P (ODX)

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03-Aug-2022 12:59 PM

IN BRIEF: Omega Diagnostics shares rise as CD4 business sale completed

Omega Diagnostics Group PLC - Alva, Scotland-based diagnostics company - Completes sale of loss-making CD4 business to Accubio Ltd, a wholly-owned subsidiary of Chinese biotechnology firm Zhejiang Orient Gene Biotech Co Ltd. Sells business for £6.
11-Jul-2022 02:14 PM

IN BRIEF: Omega Diagnostics shares jump on Abingdon Health payment

Omega Diagnostics Group PLC - Alva, Scotland-based diagnostics company - Says it has received an undisclosed payment from Abingdon Health PLC in relation to the manufacture and supply of AbC-19 Rapid tests, a Covid-19 lateral flow antibody test.
04-Jul-2022 08:49 AM

Omega Diagnostics shares jump on sale of CD4 manufacturing business

Omega Diagnostics Group PLC said on Monday its CD4 manufacturing business has been marketed for sale. Shares in Omega Diagnostics jumped 9.2% at 3.38 pence on Monday morning in London following the announcement. Omega said it has select
06-May-2022 12:31 PM

IN BRIEF: Omega raises £2.0 million through placing and subscription

Omega Diagnostics Group PLC - Alva, Scotland-based diagnostics company - Raises gross proceeds of £2.0 million via a placing of 50.0 million new shares and the issue of 90.0 million warrants at a price of 4.0 pence per share. Plans to use the proc
07-Apr-2022 02:30 PM

IN BRIEF: Omega Diagnostics expects substantial annual revenue growth

Omega Diagnostics Group PLC - Alva, Scotland-based diagnostics company - Expects to report revenue of £12.3 million for the year ended March 31, up 41% from £8.7 million the year before. Says Covid-19-related revenue grew 53% to £2.6 mil
07-Mar-2022 09:34 PM

IN BRIEF: Omega completes conditional sale of manufacturing business

Omega Diagnostics Group PLC - Alva, Scotland-based medical diagnostics - Says it has completed the conditional sale agreement for Omega's diagnostic test kit manufacturing business and facility in Alva, Scotland. Agreement is with Accubio Ltd, a w
11-Feb-2022 11:31 AM

Omega shares down on discounted fundraise; sells Alva facility

(Alliance News) - Omega Diagnostics Group PLC on Friday announced that it had begun a GBP7.0 million fundraise as well as sold its manufacturing business in Alva, Scotland. The medical diagnostics company, which is also based in Alva, a
10-Feb-2022 02:37 PM

IN BRIEF: Omega Diagnostics confirms plan for GBP7 million fundraise

Omega Diagnostics Group PLC - Alva, Scotland-based medical diagnostics - Confirms it is considering a share placing to raise GBP5 million and an accompanying open offer to raise a further GBP7 million. Says it has conditional investor support for the e
30-Apr-2021 07:39 AM

Omega launches Antigen test as it awaits DHSC evaluation

Medical diagnostics firm Omega has announced that it has launched its VISITECT COVID-19 Antigen test, a rapid point-of-care diagnostic test for the detection of active COVID-19 infections. The launch of the product is the final stage in the commercial ro
11-Feb-2021 09:42 AM

Omega signs contract to produce COVID-19 antigen tests

Medical diagnosis firm Omega has agreed a contract with the Department of Health and Social Care (DHSC) to provide manufacturing capacity for COVID-19 lateral flow antigen tests, as part of the UK Government's target of producing two million lateral
30-Nov-2020 07:44 AM

Omega Diagnostics posts loss as food intolerance sales slump

Disease test kit supplier Omega Diagnostics posted a first-half loss after the pandemic hurt sales at its food intolerance division. Pre-tax losses for the six months through September amounted to £1.80 million, compared to losses of £0.33 mi
28-Oct-2020 07:32 AM

Omega Diagnostics to post first-half loss as revenue slides 29%

Disease test-kit supplier Omega Diagnostics warned it would post a first-half loss amid a 29% drop in revenue. Losses at the earnings before interest, tax, depreciation and amortisation level for the six months through September were expected at around &
14-Jul-2020 07:45 AM

Omega Diagnostics swings to loss on allergy unit writedown

Disease test kit supplier Omega Diagnostics swung to a full-year loss on the back of a writedown of a discontinued allergy operation. Pre-tax losses for the year through March amounted to £6.8m, compared to a profit of £1.0m on-year, as reven
02-Dec-2019 07:26 AM

Omega Diagnostics swings to loss after exiting infectious disease, German businesses

Disease and allergy test kit supplier Omega Diagnostics swung to a first-half loss after it sold its legacy infectious disease division and closed its German and Indian manufacturing facilities. Pre-tax losses for the six months through September amounte
22-Oct-2019 07:45 AM

Omega Diagnostics sees underlying revenue rising 5% in first half

Disease and allergy test kit supplier Omega Diagnostics said it expected to post a 5% rise in first-half sales from continuing operations. Revenue for the six months through September was seen falling 15% to £4.5m, including operations recently exi
23-Sep-2019 07:55 AM

Omega Diagnostics swings to profit after exiting Germany, India operations

Disease and allergy test kit supplier Omega Diagnostics swung to a full-year profit after it discontinued operations in Germany and India and sold its legacy infectious diseases business. Pre-tax profit for the year through March amounted to £1.18m
16-Aug-2019 01:23 PM

Omega Diagnostics delays results release; expects to post annual loss

Disease and allergy testing kit provider Omega Diagnostics said it would delay the release of its annual results until September, while warning it expected to post a loss for the period. The company said it needed further time to 'gain clarity regar
17-Apr-2019 07:53 AM

Omega Diagnostics forecasts annual loss as sales slide

Omega Diagnostics said it expected to post a full-year loss amid a fall in sales. Adjusted pre-tax losses for the year through March would amount to £0.3m, narrowing from £0.7m of losses on-year, the company said. Revenue was seen falling 28
03-Dec-2018 08:34 AM

Omega Diagnostics profit propped up by asset sale as revenue slips

Medical diagnostics kit supplier Omega Diagnostics reported a rise in first-half profit after proceeds from the sale of its legacy infectious diseases business offset falling revenue. Pre-tax profit for the six months through September amounted to £
10-Oct-2018 02:37 PM

Omega Diagnostics revenue falls 27% after loss-making units jettisoned

Omega Diagnostics said its revenue fell 27% in the first half after it discontinued two loss-making businesses. Revenue declined to £5.2m. On a like-for-like basis, it fell 7%. Pre-tax profit was in line with expectations, the company added, witho
06-Aug-2018 07:44 AM

Omega Diagnostics swings to loss as sales slip, German unit closes

Disease and allergy testing kit supplier Omega Diagnostics swung to an annual loss after sales slipped and it placed its German allergies unit into administration. Pre-tax losses for the year through March amounted to £7.27m, compared to a profit o
10-Apr-2018 08:04 AM

Omega downgrades guidance, struggles to sell loss-making German, Indian assets

Medical diagnostics group Omega downgraded its annual financial guidance and said it was attempting to sell loss-making businesses in Germany and India without much success. The company said it expected to post a pre-tax loss of around £0.7m, not i
21-Dec-2017 08:09 AM

Omega extends Allersys menu

Omega, the medical diagnostics company, has CE-Marked an additional eight allergens to extend its menu to 49 allergens. The investment on developing the Allersys product range is being supported by the research and development grant of up to £1.8 m
14-Dec-2017 09:30 AM

Broker Forecast - finnCap issues a broker note on Omega Diagnostics Group PLC

finnCap today reaffirms its corporate investment rating on Omega Diagnostics Group PLC (LON:ODX) and cut its price target to 27p (from 30p). Story provided by StockMarketWire.com...
14-Dec-2017 09:22 AM

Omega CEO steps down

Omega Diagnostics' Andrew Shepherd has agreed to step down as chief executive officer and from the board with immediate effect. He will remain with the group in the role of global ambassador- life president. He will be succeeded by Colin King, cur

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