Novacyt shares jump 32% on launch of coronavirus test

[sl8]

Source: CNBC

PUBLISHED FRI, JAN 31 20204:16 AM EST
Elliot Smith

KEY POINTS

• Novacyt has launched a diagnostic test for the new strain of coronavirus, which originated in Wuhan and has spread worldwide, leading the World Health Organization (WHO) to declare a global health emergency.

Novacyt stock soared 32% on Friday morning after the French cellular diagnostics company announced the launch of a new test for the coronavirus.

The test has been developed as a direct response to the recent outbreak of the new strain of coronavirus, which originated in the Chinese city of Wuhan and has now spread worldwide, leading the World Health Organization (WHO) to declare a global health emergency.

Read more: https://www.cnbc.com/2020/01/31/novacyt-shares-jump-32percent-on-launch-of-coronavirus-test.html

[NurseJackie]

1. Is this one of the evil big-pharma tech companies that I'm supposed to hate?