MyHealthchecked (MHC)

Sector:

Health Care

Index:

FTSE AIM All-Share

4.20p
   
  • Change Today:
    -0.25p
  • 52 Week High: 6.70
  • 52 Week Low: 0.80
  • Currency: UK Pounds
  • Shares Issued: 725.25m
  • Volume: 3,276,128
  • Market Cap: £30.46m
  • RiskGrade: 796
  • Beta: 0.02

Concepta opens new laboratory at Colworth Park

By Josh White

Date: Wednesday 21 Sep 2016

LONDON (ShareCast) - (ShareCast News) - Personalised mobile health company Concepta announced on Wednesday that it has moved its UK laboratory operations to a new site at Colworth Park in Bedfordshire, doubling the size of its operational headquarters.
The AIM-traded firm said the new laboratory opening is in line with its strategy of increasing its operational capacity and economies of scale as it moves towards launching its My Lotus product for unexplained infertility into China in H2 2016 and, following CE marking, into the UK and Europe in 2017.

It said the "state of the art" laboratory will house four employees in research and development, and another two employees in quality assurance.

Additionally, a separate area for assembly can accommodate a further ten people producing testing strips for Concepta's 'My Lotus' meter, the board explained.

Aside from manufacture, assembly and testing, the lab will primarily be used as a research and development hub for My Lotus product enhancements and new product development.

"Following our highly successful AIM listing in July 2016, this new laboratory is a key part of the company's growth strategy and extends both its capacity and capabilities as we begin the process of launching our proprietary product into China prior to a European launch in 2017," said CEO Erik Henau.

"Concepta's research team will be working in the new lab effective immediately to accelerate new product development, both within our core business area of fertility as well as other areas in the wider mobile health space.

"We look forward to updating the market on these exciting developments in due course."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MyHealthchecked Market Data

Currency UK Pounds
Share Price 4.20p
Change Today -0.25p
% Change -5.62 %
52 Week High 6.70
52 Week Low 0.80
Volume 3,276,128
Shares Issued 725.25m
Market Cap £30.46m
Beta 0.02
RiskGrade 796

MyHealthchecked Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value Not Available
Price Trend
83.01% above the market average83.01% above the market average83.01% above the market average83.01% above the market average83.01% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Income Not Available
Growth
21.14% below the market average21.14% below the market average21.14% below the market average21.14% below the market average21.14% below the market average
22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average

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Trades for 14-May-2021

Time Volume / Share Price
16:35 17,500 @ 4.20p
16:29 9,768 @ 4.29p
16:26 8,062 @ 4.15p
16:25 11,376 @ 4.29p
15:24 186,520 @ 4.20p

MyHealthchecked Key Personnel

CEO Penelope McCormick

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