THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO 596/2014 WHICH
IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT
2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Abingdon Health
plc
("Abingdon Health" or "the Company")
Launch of the Saliva
Pregnancy self-test in Boots
· Boots will be the first
retailer to sell the world's first saliva pregnancy self-test under
its own brand label
· Tests will be available in
Boots stores and online across the UK provided by Abingdon Health,
Salignostics and Crest Medical partnership
York,
U.K. 15th May 2024: Abingdon Health plc (AIM: ABDX), a leading international
lateral flow Contract Development and Manufacturing Organisation
(CDMO), announces the launch of Boots own-brand, saliva pregnancy
self-test across the UK and online, in partnership with
Salignostics and Crest Medical.
On 20th March 2024,
Abingdon Health announced the launch of the first two Boots branded
self-tests - Iron and Vitamin D deficiency - in-store and online at
boots.com.
In another step toward strengthening
this partnership with Boots, Abingdon Health is now pleased to
announce the launch of the first ever saliva pregnancy test under
the Boots own brand range. The test is being made available in
store and online at boots.com from Spring 2024 onwards. This
product launch allows more people to access a new way of testing
for pregnancy.
With the UK pregnancy self-test
market expected to reach USD $56.7 million by 20331,
this provides a strategic opportunity to launch, on an own-brand
basis, an innovative product in this growing market with the UK's
leading health and beauty retailer. With general consumer adoption
of self-tests on the rise (US $7.89 billion in 2023)2,
and a robust pipeline of products within its CRO/CDMO offering,
Abingdon Health is well positioned to continue developing OEM
retail relationships within the UK and Europe as a value-add,
innovative Private Label Supplier (PLS).
Chris Yates, CEO of Abingdon Health plc,
commented: "We are delighted to
announce the launch of the Boots branded saliva pregnancy test in
conjunction with our partners Salignostics and Crest Medical. This
launch showcases our ability to deliver innovative and disruptive
private label products through our CDMO/CRO lateral flow
full-service proposition with one of the most trusted UK brands -
Boots."
Guy
Krief, Co-Founder and Deputy CEO of Salignostics Ltd,
commented: "We are delighted to partner
on this exciting opportunity for our breakthrough technology that
has brought the first ever saliva pregnancy test to market. Boots
is the leading health and beauty retailer in the UK and offering
our saliva pregnancy test under their own brand label will drive
consumer education, confidence and adoption of the
platform."
Matthew Courtney, CEO of Crest Medical Ltd,
commented: "After the recent release of
Vitamin D and Iron deficiency testing under the Boots family of
products, the launch of the saliva pregnancy test is another
terrific step forwards in expanding our portfolio and deepening our
partnership with Abingdon Health."
Sources:
1.
https://www.futuremarketinsights.com/reports/at-home-pregnancy-testing-market
2. Self-testing
Market Share, Growth, Demand, Forecast to 2033
(futuremarketinsights.com)
Enquiries
Abingdon Health plc
|
www.abingdonhealth.com/investors/
|
Chris Yates, Chief Executive Officer
|
|
Chris Hand, Non-Executive Chairman
|
|
WH
Ireland Limited (Sole Broker and Nominated
Adviser)
|
Tel: +44 (0) 20 7220 1666
|
Chris Fielding / Isaac
Hooper (Corporate Finance)
|
|
Fraser Marshall (Corporate
Broking)
|
|
The person responsible for arranging
the release of this announcement on behalf of the Company is Chris
Yates, Chief Executive Officer of the Company.
About Abingdon Health plc
Abingdon Health is a leading
lateral flow contract development and manufacturing organisation
("CDMO") offering its services to an international customer base
across industry sectors that include clinical, animal health, plant
health, and environmental testing. Abingdon Health has the internal
capabilities to take projects from initial concept through to
routine and large-scale manufacturing; from "idea to commercial
success".
The Company's CDMO division offers
product development, regulatory support, technology transfer and
manufacturing services for customers looking to develop new assays
or transfer existing laboratory-based assays to a lateral flow
format. Abingdon Health aims to support the increase in
need for rapid results across many industries and locations; and
produces lateral flow tests in areas such as infectious disease and
clinical testing, including companion diagnostics, animal health
and environmental testing. Faster access to results allows for
rapid decision making and targeted intervention; and can support
better outcomes.
Abingdon Health's Abingdon Simply
Test range of self-tests is an e-commerce platform that offers a
range of self-tests to empowers consumers to manage their own
health and wellbeing. The Abingdon Simply
Test e-commerce site offers
consumers a range of information to support them in making informed
decisions on the tests available. In addition, the site provides
Abingdon's contract services customers with a potential route to
market for self-tests. The Abingdon Simply Test range is also sold
through international distributors and through other channels in
the UK and Ireland, such as pharmacy chains.
Founded in 2008, Abingdon
Health is headquartered in York, England.
For more information
visit: www.abingdonhealth.com