tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Atomo Wins $502,000 HIV Self-Test Order Backed by Global Fund

Story Highlights
  • Atomo Diagnostics secured a $502,000 order to supply HIV self-tests to an African country.
  • The Global Fund-backed deal highlights ongoing African demand and strengthens Atomo’s rapid diagnostics position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Atomo Wins $502,000 HIV Self-Test Order Backed by Global Fund

Claim 50% Off TipRanks Premium

Atomo Diagnostics Ltd. ( (AU:AT1) ) just unveiled an announcement.

Atomo Diagnostics Limited has secured a material purchase order worth $502,000 to supply its HIV self-test kits, manufactured under the Mylan brand, to an African country with funding from the Global Fund, with delivery planned for March. The deal underscores ongoing demand for Atomo’s HIV self-testing solutions in African markets and reinforces the company’s role in providing reliable, discreet diagnostic options in regions with significant HIV risk, supporting both its revenue base and its positioning in global rapid diagnostics.

The most recent analyst rating on (AU:AT1) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Atomo Diagnostics Ltd. stock, see the AU:AT1 Stock Forecast page.

More about Atomo Diagnostics Ltd.

Atomo Diagnostics Limited is an Australian-headquartered medical device company that supplies patented, integrated rapid diagnostic test devices to the global diagnostics market. Its products are designed to simplify testing procedures, enhance usability and improve reliability in rapid point-of-care and at-home settings, with commercialised solutions and supply agreements covering applications such as HIV testing, viral versus bacterial differentiation and early pregnancy detection.

Average Trading Volume: 1,092,729

Technical Sentiment Signal: Buy

Current Market Cap: A$28.36M

See more insights into AT1 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1