Novacyt biotech company says winning race for high-speed virus test

  • 📰 Reuters
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Franco-British biotech company Novacyt says it can offer a coronavirus test that...

) says it can offer a coronavirus test that is faster than rival methods by focusing on a narrow sequence of DNA coding, as it fights stiff competition to turn the outbreak into a business opportunity.

In an appeal for sharing virus samples and speeding up research into drugs, vaccines, and diagnostics, the World Health Organization on Tuesday said China’s coronavirus outbreak posed a “very grave threat for the rest of the world”. Novacyt shares have risen by almost 400% so far this year after it said it had designed a test able to detect the coronavirus in less than two hours. Current testing, which can also identify other strains, can take up to a day.

“You would be looking, depending on the size of the sequence being tested, at six hours or a day. The second methodology, which is what Novacyt is using, is where we look at a much narrower set of sequence associated with the specific strain of coronavirus,” Graham Mullis, Novacyt’s chief executive, told Reuters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Rhino Gods will strike again against the Horn Eaters. Last shipment of Horn impregnated with multi virus.

'Novacyt shares have risen by almost 400% so far this year after it said it had designed a test able to detect the coronavirus in less than two hours. Current testing, which can also identify other strains, can take up to a day.'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PetroChina to cut February crude runs by 320,000-bpd due to virus: company officialPetroChina, China's second-biggest state refiner, plans to reduce its crude...
Source: Reuters - 🏆 2. / 97 Read more »

European stocks reach record highs on hopes virus is peakingWorld stocks resumed rising towards record highs on Tuesday and the dollar reach... Yes it’s like Peking duck!!!😀 This is what East Asia looks after only 31 days of epidemiological surveillance, what are they really hoping for ? (BNO News) What a joke
Source: Reuters - 🏆 2. / 97 Read more »