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24 mins ago – 11.56AMRhinomed charges ahead on COVID tests dealTom RichardsonRhinomed shares are up 15 per cent to 44¢ this morning after it announced the Victorian government has ordered an initial 1 million ‘Rhinoswabs’ to assist it with COVID-19 testing.The ‘Rhinoswab’ is a nasal test for COVID-19 that works in conjunction with PCR workflows.It said the revenue associated with the order equals around 35 per cent to 45 per cent of financial 2021 revenues of $3.9 million.
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Ann: VIC Government orders for Rhinoswab, page-16
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