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Zoono shares race ahead positive coronavirus test news

Carrie LaFrenzSenior Reporter

Feb 28, 2020 — 12.03pm

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Zoono Groupshares have vaulted more than 19 per cent in early trade after the company said it received positive testing results against the coronavirus.

The New Zealand-based company sells products like hand sanitiser and surface spray used in hotel rooms and inside cars and underground trains in over 30 countries.

The coronavirus has spread throughout the globe from the epicentre of Wuhan, China.

Global markets have been smashed as new cases of the virus emerge. The virus has spears to every continent except Antarctica, with Brazil announcing a case on Friday - the first in South America.

Zoono said in a statement to the ASX that it received the report for the laboratory tests undertaken against COVID-19, which shows that its Z-71 Microbe Shield (the same Zoono technology used in Zoono hand sanitiser) is nearly 100 per cent effective against COVOID-19.

The company said COVID-19 has become a global concern, in particular as it has been shown to survive on surfaces for up to 9 days and Zoono products have been successfully tested against a variety of pathogens for up to 30 days on surfaces and 24 hours on hands.

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