UK's Genedrive jumps on receiving grant
16/06/2023 11:41
** Shares of biotechnology firm Genedrive Plc GDRG.L up as
much as 11.3% at 19.20p, set for biggest intraday pct gain in
over 2 weeks if gains hold
** GDRG says multi-partner grant awarded by Innovate UK and
UK government innovation accelerator programme
** Grant aims to provide funding for the validation and
implementation of the new Genedrive CYP2C19 ID Kit
pharmacogenetic test in a time-critical clinical setting
** As of last close, stock up 41% YTD
(Reporting by Hani Kollathodi in Bengaluru)
((Hani.Kollathodi@thomsonreuters.com;))