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Monday, March 23, 2020

Aytu Bio to distribute Covid-19 IgG/IgM Rapid Test; shares up premarket

Aytu BioScience (NASDAQ:AYTU) has received confirmation from the FDA to begin distribution of its COVID-2019 IgG/IgM Rapid Test throughout the U.S. The test is intended for professional use and delivers results between 2 and 10 minutes at the point-of-care.
The company expects delivery of its first shipment of 100,000 tests this week.
This point-of-care test has been validated in a 126 patient clinical trial and is CE marked.
Shares are up 14% premarket.
https://seekingalpha.com/news/3554152-aytu-bio-to-distribute-covidminus-19-igg-igm-rapid-test-shares-up-15-premarket

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