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Press absolution content. The AP account agents was not complex in its creation.

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JERSEY, Channel Islands, May 11, 2020 (GLOBE NEWSWIRE) — Quotient Limited (NASDAQ:QTNT), a commercial-stage affection company, headquartered in Eysins, Switzerland, and hVIVO, allotment of Open Drop plc (LONDON:ORPH), today appear that the MosaiQ™ by Quotient arrangement and MosaiQ COVID-19 Antibiotic Microarray will be acclimated by hVIVO to awning for SARS-CoV-2 antibodies (COVID-19). Quotient has entered into an absolute arrangement with hVIVO, whereby Quotient is hVIVO’s absolute supplier of COVID-19 antibiotic testing equipment, to abutment COVID-19 antibiotic testing in the UK.

hVIVO, based in London, UK, is a apple baton in the testing of vaccines and antivirals application animal claiming abstraction models.

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“We are captivated to alone accomplice with Quotient to accompany fast and authentic COVID-19 antibiotic testing to the UK. Open Drop plc, via our accessory hVIVO, has industry arch accurate and chic adequacy and the MosaiQ™ system’s best in chic COVID-19 antibiotic testing achievement makes the arrangement a accustomed accession to our advanced virology chic in London. There is a bright appeal for COVID-19 antibiotic testing and we will be authoritative testing accessible both as a standalone alms and will additionally advance the testing adequacy to awning volunteers for our industry arch ambit of animal claiming studies to ensure no disruption to our clients,” said Cathal Friel, Executive Chairman, hVIVO, allotment of Open Drop plc.

“This accord marks a above anniversary for our company, and we are appreciative to coact with an industry baton like hVIVO. Quotient has developed what we accept is a gold accepted antibiotic microarray to advice action the COVID-19 pandemic. This accord is abnormally positioned to advantage our accumulated adeptness and advice abode the ample charge for antibiotic testing in the U.K. and beyond,” said Franz Walt, Chief Executive Officer of Quotient.

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The MosaiQ COVID-19 Antibiotic Microarray was CE apparent (certified to accommodated EU requirements) as of May 1, 2020 based on testing that approved 100% acuteness (ability to ascertain COVID-19 antibodies) and 99.8% specificity (ability to aphorism out the attendance of COVID-19 antibodies). The analysis is advised as a serological ache awning specific to COVID-19. It detects the IgG and IgM antibodies that bodies advance back adulterated by SARS-CoV-2.

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About Quotient Limited Building on 30 years of acquaintance in admixture diagnostics, Quotient is a commercial-stage affection aggregation committed to carrying solutions that adapt the way affection is practiced. MosaiQ, Quotient’s proprietary circuitous microarray technology, offers the world’s aboriginal absolutely automated, circumscribed testing platform, accepting for assorted tests above altered modalities. MosaiQ is advised to be a game-changing solution, which Quotient believes will access efficiencies, advance analytic practice, bear cogent workflow improvements, and operational amount accumulation to laboratories about the world. Quotient’s operations are based in Eysins, Switzerland, Edinburgh, Scotland and Newtown, Pennsylvania. The Quotient logo and MosaiQ™ are registered trademarks or trademarks of Quotient Limited and its subsidiaries in assorted jurisdictions.

About hVIVO, allotment of Open Drop plcOpen Drop is a rapidly growing specialist CRO biologic casework aggregation which has a focus on drop drugs and is a apple baton in the accouterment of virology and vaccine claiming abstraction casework and viral chic services. It has Europe’s alone 24-bedroom apprehension dispensary with onsite virology lab in Queen Mary’s Hospital London. hVIVO supports artefact development for barter developing antivirals, vaccines and respiratory therapeutics, all decidedly accordant and contemporary in the ambiance of acute acquaintance of Covid-19 in 2020. The Aggregation additionally has a arch portfolio of 8 viral claiming abstraction models which are: 2 FLU, 2 RSV, 1 HRV, 1 Asthma, 1 ahem and 1 COPD viral claiming models.

Forward-Looking Statements

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This account absolution contains advanced statements aural the acceptation of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These advanced statements may accommodate statements apropos our expectations of connected growth, the development, authoritative approval, commercialization and appulse of MosaiQ and added new articles (including the abeyant for application our MosaiQ technology to analysis for COVID-19 antibodies). The MosaiQ arrangement has not yet been austere by the FDA for auction in the United States. Such statements are based on accepted assumptions that absorb risks and uncertainties that could account absolute outcomes and after-effects to alter materially. These risks and uncertainties, abounding of which are above our control, accommodate delays or denials of authoritative approvals or clearances for articles or applications; bazaar accepting of our products; the appulse of competition; the appulse of ability expansions and broadcast artefact development, clinical, sales and business activities on operating expenses; delays or added abrupt problems with account to manufacturing, artefact development or acreage balloon studies; adverse after-effects in affiliation with any advancing or approaching acknowledged proceeding; connected or deepening adverse altitude in the accepted calm and all-around bread-and-butter markets, including the contempo atypical coronavirus (COVID-19) outbreak; as able-bodied as the added risks set alternating in the Company’s filings with the Securities and Exchange Commission. Investors are cautioned not to abode disproportionate assurance on these advanced statements, which allege alone as of the date hereof. Quotient disclaims any obligation to amend these advanced statements.

The Quotient logo and MosaiQ™ are registered trademarks or trademarks of Quotient Limited and its subsidiaries in assorted jurisdictions.

Contacts: Abate Buhler, Chief Financial Officer, peter.buhler@quotientbd.com; 41 22 545 52 26

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Cathal Friel, Executive Chairman, 353 (0)1 644 0007 or Tom Huddart, Camarco, 44 (0)20 3757 4980

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