Omega Diagnostics : Allersys Distributon Agreement

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Omega Diagnostics Group PLC - ODX Allersys Distribution Agreement Released 07:00 20-Apr-2018

RNS Number : 5374L

Omega Diagnostics Group PLC 20 April 2018

Omega Diagnos�cs Group PLC ("Omega" or "the Company" or the "Group")

Allersys Distribu�on Agreement

Omega (AIM: ODX), the medical diagnos�cs company focused on allergy, food intolerance and infec�ous disease, announces that it has signed a global distribu�on agreement with Immunodiagnos�c Systems Limited ("IDS") for its Allersys® range of allergy assays.

The partnership with IDS is a long-term supply agreement and the Company now looks forward to working with IDS to introduce the ini�al launch panel of 51 allergy tests into the market.

Omega will con�nue to develop new assays to provide regular updates to the IDS instrument menu to increase its compe��veness by offering a broader range of tests.

Colin King, CEO of Omega commented: "I am pleased that we have finally concluded a deal with IDS to become our exclusive distributor for our Allersys® product range. Whilst we expect modest sales growth in the short term as we work together to further expand our menu, we are excited that with our development capability and IDS instrument and commercial exper�se we can make a significant difference within the Allergy tes�ng market. We believe our product offers a more flexible and efficient work-flow solu�on for small to mid-size laboratories."

The informa�on communicated in this announcement is inside informa�on for the purposes of Ar�cle 7 of EU Regula�on 596/2014.

Contacts:

Omega Diagnos�cs Group PLC Colin King, Chief Execu�ve

Tel: [phone]www.omegadiagnos�cs.com

Kieron Harbinson, Group Finance DirectorfinnCap Ltd

Tel: [phone]

Geoff Nash/James Thompson (Corporate Finance)

Camille Gochez/ Abigail Wayne (Corporate Broking)

Walbrook PR Limited

Tel: [phone] [e-mail]

Paul McManus Lianne Cawthorne

Mob: [phone] Mob: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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Allersys Distribution Agreement - RNS