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Avacta (LON:AVCT) report: Trading update

March 8, 2010, Monday, 13:12 GMT | 08:12 EST | 18:42 IST | 21:12 SGT
Contributed by Daniel Stewart & Company


By Daniel Stewart & Co

 

- Avacta issued a trading update this morning indicating that the group looks forward to reporting on a period of continued growth at its Interim Results on April 30th.


- Contract service revenues remain on target and Avacta's flagship product Optim has generated significant commercial interest industry wide.


- Although the timing of specific Optim sales is difficult to accurately predict, the Board remains confident that market expectations will be achieved.


- Also, Avacta looks forward to launching Midas, the company's other flagship instrument, later this financial year.

 

* Daniel Stewart acts as Broker and NOMAD to Avacta