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TT Electronics

TT Electronics at head of race to develop coronavirus test

A British electronics company is to manufacture a potentially “ground-breaking” experimental saliva swab test designed to detect coronavirus within 20 seconds, sending its shares up 40 per cent.

TT Electronics has been appointed as the exclusive manufacturing partner for the launch of Virolens, a “non-intrusive” coronavirus test that does not need to be administered by healthcare professionals and if approved by regulators could get the “world moving again”.

TT Electronics plc (LON:TTG) is a provider of engineered electronics applications for performance-critical applications. The Company works with customers in the industrial, medical, aerospace and defence, and transportation sectors.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.