• Investor Relations

The information in this Investor Relations section is being disclosed for the purposes of AIM Rule 26.

Originally founded in 1987 by the current CEO, Omega Diagnostics Group PLC was established in September 2006 when Omega Diagnostics Limited completed a “reverse acquisition” of an AIM Listed Cash Shell Company called Quintessentially English PLC.

Investor Relations

Omega Diagnostics Group plc is focused on selling a wide range of specialist products, primarily in the immunoassay, in-vitro diagnostics (IVD) market within three segments: Allergy and Autoimmune, Food Intolerance and Infectious Disease.

Since listing in 2006, the group has combined an organic and acquisitive growth strategy to establish a significant presence in its chosen product   and geographic areas. The key product segments of the business   comprise Omega Diagnostics Ltd / Co-Tek (infectious disease kits);  Genesis Diagnostics (kits for autoimmune disease and food intolerance); Cambridge Nutritional Sciences (consumer tests for food intolerance and services) and Omega Diagnostics GmbH (Allergy testing kits).

A focus on specific, specialised product categories (allergy & autoimmune, food intolerance and infectious disease) together with a core competency    of export sales has allowed the company to establish a strong sales track record.

Originally founded as Omega Diagnostics Ltd in Scotland, the company’s global reputation stems from beginnings as a manufacturer of tests for a range of infectious diseases such as Syphilis, Tuberculosis, Dengue fever, Chagas disease and Malaria. The company’s export success was officially recognised with the Queen’s Award for Export Achievement in 1993, providing a solid foundation for future success.

The product range was extended following the acquisition of Genesis Diagnostics Ltd and Cambridge Nutritional Sciences Ltd in September 2007 giving our customers access to tests for the fast growing area of food intolerance testing, as well those for autoimmune diseases.

In 2010, the group acquired the IVD division of allergy and specific immunotherapy specialist Allergopharma Joachim Ganzer KG, giving further access to a range of allergy tests for over 600 allergens. This gave the group a position in allergy testing that could be exploited in two ways. First, by driving international sales of current products through its existing global distribution network; and second by delivering a panel of automated allergy tests in conjunction with Immunodiagnostics Systems’ IDS-iSYS platform.

In the following year, the group founded a wholly-owned subsidiary based in Mumbai, India providing access to the Indian market for the sale and distribution for the Group companies' products.

In 2012 Omega Diagnostics Group PLC announced that it has entered into agreements providing worldwide exclusive access to two point of care (POC) tests for CD4 and Syphilis developed by Burnet Institute in Melbourne, Australia. Testing for the number of CD4 T-cells is a vital component for the management and care of people suffering from HIV and is required to determine when HIV patients should commence antiretroviral treatment (ART). The current market for monitoring of CD4 T-cells is dominated by expensive and complex technology which is a bottleneck to commencing ART particularly for HIV patients living in rural areas. There is a clear unmet need for a lower cost POC test that can be conducted in doctors' surgeries and outreach clinics in resource-poor settings.

 

Omega Diagnostics Group
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