REG - Abingdon Health PLC - AGM Statement

Abingdon HealthAnnouncement

19/11/2024 07:00

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RNS Number : 6946M  Abingdon Health PLC  19 November 2024

 

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 ("MAR"). UPON
THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE,
THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

19 November 2024

 

Abingdon Health Plc

("Abingdon" or the "Company")

 

Annual General Meeting Statement

 

At today's Annual General Meeting of Abingdon (AIM:ABDX), a leading
international lateral flow contract development and manufacturing
organisation, Dr Chris Hand, the Chairman of Abingdon, will make the following
statement:

 

"We are pleased to report that the Group, as enlarged by its recent
acquisitions, and the establishment of its US presence in Madision, Wisconsin,
USA,  expects to see continued revenue growth. Although it is early in the
year and there are therefore various meaningful new contracts  still to be
won, typically in the second half of the financial year, the Board remains
confident of solid progress for FY2025."

 

Enquiries

 

 Abingdon Health plc                                                             www.abingdonhealth.com/investors/ (http://www.abingdonhealth.com/investors/)
 Chris Yates, Chief Executive Officer                                            Via Walbrook PR
 Chris Hand, Executive Chairman

 Zeus (Sole Broker and Nominated Adviser)                                          Tel: +44 (0) 20 3829 5000
 Chris Fielding / Alexandra Campbell-Harris (Corporate Finance)
 Fraser Marshall (Corporate Broking)

 Walbrook PR (Media & Investor Relations)      Tel: +44 (0)20 7933 8780 or abingdon@walbrookpr.com
                                               (mailto:abingdon@walbrookpr.com)
 Paul McManus / Alice Woodings                 Mob: +44 (0)7980 541 893 / +44 (0)7407 804 654
 Phillip Marriage                              +44 (0)7867 984 082

 

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 med-tech contract service provider offering its
services to an international customer base.

 

The Group's CDMO division (https://www.abingdonhealth.com/services/)  offers
lateral flow 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's
CDMO division has the internal capabilities to take lateral flow projects, in
areas such as infectious disease and clinical testing, including companion
diagnostics, animal health and environmental testing, from initial concept
through to routine and large-scale manufacturing; from "idea to commercial
success".

 

Abingdon's regulatory services companies, Compliance Solutions (Life
Sciences) (https://cslifesciences.com/)  and IVDeology
(https://www.ivdeology.co.uk/) , provide a broad range of regulatory services
to the in vitro diagnostic and wider medical device industry, to support
customers in bringing products to market across a range of territories
including the USA, EU and the UK. Our consultancy services range from design,
implementation and maintenance of quality management systems, preparation of
technical files for regulatory approvals, part-time and interim management
support, auditing both internal and external, management reviews and
presentations, training and mentoring.

 

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
(http://www.abingdonsimplytest.com/)  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
(http://www.abingdonhealth.com/)

 

 

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