leadf
logo-loader
viewSymphony Environmental Technologies PLC

Symphony Environment - Positive Coronavirus test results

RNS Number : 8233Y
Symphony Environmental Tech. PLC
14 September 2020
 

 

 

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain

 

14 September 2020

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony", the "Company" or the "Group")

 

Positive Coronavirus test results in shorter timescales

 

Symphony announced on 23 July that Eurofins Laboratories had tested Symphony's d2p masterbatch incorporated in a polyolefin film, against the bovine form of Coronavirus in accordance with International Standard, ISO 21702-2019, and found a virus reduction of 99.84% in 24 hours.

 

Symphony is now very pleased to announce the results of further Coronavirus tests at 1, 2 and 24 hours, as follows:

 

The Institute of Biology at UNICAMP UNIVERSITY in Sao Paolo State, Brazil ("UNICAMP") has tested polyolefin films incorporating Symphony's antimicrobial d2p masterbatches, according to:

1.   ISO 21702-2019 (Measurement of Antiviral Activity on Plastics and other non-porous Surfaces)

2.   EN 14476:2013 + A2:2019 (Chemical Disinfectants and Antiseptics - Quantitative Suspension Test Method for Virucidal Activity in Medical Areas)

3.   Robert Koch Institute's and Best Laboratory Practices

 

All tests were conducted with biological quadruplicates (four repetitions).

The virus used in the study was the BETACORONAVIRUS Cell: L929 -NCTC clone 929 [L cell, L-929, derivative of Strain L] (ATCC® CCL-1™)(same genus as SARS-CoV-1, SARS-CoV-2, MERS among others). The host cell was a 10% bovine foetal serum.

The contact testing intervals and the antiviral performance were:

A.  1 hour, 99.9% reduction

B.  2 hours 99.99% reduction

C.  24 hours 99.999% reduction

 

UNICAMP concluded in their report that "the products were shown to be virucidal, thus, we recommend the use of such products as potential virucidal agents against coronavirus."

 

It was demonstrated that the active compound was active towards the virus only, and would not harm the host cells.

 

Michael Laurier CEO said: "this is another important breakthrough for Symphony, that leads to an exciting commercial phase that will help accelerate our global sales pipeline for d2p already in development. Plastic, unlike many other materials in common use, can be given anti-microbial properties, and d2p can be included in almost all the plastic products which we touch every day.

 

"These results demonstrate the efficacy against viruses of d2p anti-microbial technology in plastic products, and the importance it has in helping governments to control the spread of the virus, and saving lives. This technology goes beyond short term protections such as washing with soap, sanitising hands, or wiping surfaces; being embedded in the plastic itself, d2p provides protection for the lifetime of the plastic product.

 

"I would like to congratulate our scientific team for developing this remarkable product that we will be moving quickly into our global sales operations."

 

 

Information on UNICAMP UNIVERSITY

https://www.timeshighereducation.com/world-university-rankings/university-campinas 

 

 Enquiries

Symphony Environmental Technologies Plc


Michael Laurier, CEO

Tel: +44 (0) 20 8207 5900

Ian Bristow, CFO


www.symphonyenvironmental.com




Zeus Capital Limited (Nominated Adviser and Joint Broker)


David Foreman / Nick Cowles / Kieran Russell (Corporate Finance)

Tel: +44 (0) 161 831 1512

Dominic King / Victoria Ayton (Sales)

Tel: +44 (0) 203 829 5000



Hybridan LLP (Joint Broker)

Claire Louise Noyce

 

 

Tel: +44 (0) 203 764 2341

The person responsible for arranging the release of this information is Michael Laurier, CEO      of the Company.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCFFFFIAFIVLII

Quick facts: Symphony Environmental Technologies PLC

Price: 25

Market: AIM
Market Cap: £44.19 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Symphony Environmental Technologies' calls algae project in France...

Symphony Environmental Technologies's PLC (LON:SYM) Michael Laurier talks to Proactive London's Katie Pilbeam about the completion of a €6m financing by its associate Eranova for its green algae project in France. The money will be used to start of construction in Port St Louis, near...

1 day, 14 hours ago

4 min read