Sensyne Health PLC Agreement with the UK DHSC (0276S)
March 12 2021 - 1:00AM
UK Regulatory
TIDMSENS
RNS Number : 0276S
Sensyne Health PLC
12 March 2021
Agreement with the UK Department of Health & Social Care to
pilot Sensyne Health's MagnifEye Ô technology for use with COVID-19
lateral flow diagnostic tests
Oxford, U.K. 12 March 2021: Sensyne Health plc (LSE: SENS)
("Sensyne" or the "Company" or the "Group"), the British Clinical
AI technology company, today announces it has signed a GBP470,000
agreement with the Department of Health & Social Care to
conduct the second stage of a pilot study of its MagnifEye
technology for use with COVID-19 lateral flow diagnostic tests.
The agreement with the Department of Health & Social Care
follows an announcement made by Sensyne on 09 February 2021 that it
had signed an exclusive licence and development agreement with
Excalibur Healthcare Services Limited to apply MagnifEye for use
with lateral flow rapid diagnostic tests .
Lord (Paul) Drayson PhD, CEO of Sensyne Health, said:
"We are delighted to be working with the Department of Health
& Social Care and Excalibur and are happy to be able to
contribute to the UK's COVID-19 testing programme by providing our
MagnifEye technology for use with lateral flow diagnostic tests and
look forward to the results of this pilot study."
-ENDS-
For more information please contact:
Sensyne Health ( www.sensynehealth.com +44 (0) 330 058
) 1845
Lord (Paul) Drayson PhD FREng, Chief Executive
Officer
Dr Richard Pye, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Joint + 44 (0) 20 7418
Broker) 8900
Dr Christopher Golden
James Steel
Oliver Jackson
+ 44 (0) 20 3100
Liberum (Joint Broker) 2000
Bidhi Bhoma
Euan Brown
+44 (0) 20 3709
Consilium Strategic Communications 5700
Mary-Jane Elliott
Sukaina Virji
Davide Salvi
CSCS ensynehealth@consilium-comms.com
About Sensyne Health www.sensynehealth.com .
Sensyne Health plc is a clinical AI company that works in
partnership with the NHS to improve patient care and accelerate the
discovery and development of new medicines. This work uses data
provided by patients and collected by the NHS as part of their care
and support. Sensyne Health is listed on the AIM Market of the
London Stock Exchange (SENS.L).
About MagnifEye
The MagnifEye system ("the System") is Sensyne's proprietary
software application available as both a smartphone app and a web
application, that uses a cloud-based deep learning algorithm to
automate the reading and analysis of different diagnostic tests
including lateral flow tests. The System has been adapted to
Excalibur's already high-performance lateral flow Antigen test. The
System trains users to administer a lateral flow test, then
interpret that test and provide a shareable digital certificate
that validates the training of the user, the test result and
resulting health status. It is anticipated that this will
facilitate frequent testing, both for COVID-19 and a range of other
conditions.
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END
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