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Pharma & Biotech

Genedrive up 10% on Greater Manchester green light

genedrive PLC (AIM:GDR) has been given the green light to roll out a new diagnostic that could help avoid irreversible lifelong hearing loss in babies exposed to broad-spectrum antibiotics called aminoglycosides.

Starting next month, the company’s MT-RNR1 ID kit will be available at two further hospital sites in the North West NHS after receiving backing from the Manchester Academic Health Science Centre.

The shares rose 10% to 47.26p on the back of the news.