27 Dec Completion of NOVAprep® business sale

Posted at 08:15h in Board, Novacyt Group, Products by

Paris, France and Camberley, UK – 27 December 2019 – Novacyt (EURONEXT GROWTH: ALNOV; AIM: NCYT), an international specialist in clinical diagnostics, announces it has completed the sale of NOVAprep® assets to Algimed Trade Ltd. (“Algimed”), for a total consideration of €400,000 and a 10% royalty on sales in certain defined territories. Algimed specialises in complex equipment supplies for clinical and food testing laboratories and is formerly the NOVAprep® distributor to Belarus.

https://novacyt.com/wp-content/uploads/2019/12/Novacyt-completion-of-NOVAprep-business-sale.pdf