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STOCKS NEWS EUROPE-Osmetech up as submits swine flu test

Mon May 11, 2009 9:22am EDT

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Shares in Osmetech (OMH.L) rise as much as 18 percent after the diagnostic specialist asks the U.S. FDA to approve its portable rapid swine flu test under its Emergency Use Authorization procedure.

"It does provide interesting potential upside from nowhere," says Ian Wainwright, Managing Director of Life Sciences Specialist Sales at Canaccord Adams, the company's broker.

To see Osmetech's statement please click on [ID:nRnsK0025S]

Reuters messaging rm://ben.deighton.thomsonreuters.com@reuters.net


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