IP Group PLC - Oxford Nanopore's LamPORE test gains CE-IVD mark
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Portfolio company Oxford Nanopore Technologies announces LamPORE test, for the detection of SARS-CoV-2, gains CE-IVD mark with initial roll out in
IP Group plc (LSE: IPO) ("IP Group" or "the Group"), the developer of intellectual property-based businesses, notes that its portfolio company Oxford Nanopore Technologies Ltd ("Oxford Nanopore" or "the Company") has announced that its LamPORE test is now CE marked for in vitro diagnostic use for the detection of the SARS-CoV-2 virus that causes COVID-19, using its GridION device.
Oxford Nanopore noted that the LamPORE test is now in the process of initial rollouts in the
Oxford Nanopore's LamPORE test has been found to show a sensitivity of 99.1% [96.9-99.9] and specificity of 99.6% [98.0-100] after scientists from the University of Oxford's Nuffield Department of Medicine, Public Health England Porton Down (PHE) and the University of Sheffield, Sheffield Teaching Hospitals NHS Foundation Trust published their evaluation. The results indicate that LamPORE has a similar performance to RT-PCR for the diagnosis of SARS-CoV-2 infection in symptomatic patients.
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IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital (through its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.
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