Agreement with Boots for retail launch of extended product portfolio
18 May 2023
MyHealthChecked tests to be available on www.boots.com and in store.
MyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company, announces that it has entered into an agreement ("Agreement") via its subsidiary Concepta Diagnostics Limited with Boots UK Limited ("Boots"), the health and beauty retailer and pharmacy group, to launch its extended range of at-home self-testing products tests via boots.com and across Boots stores in Great Britain and Northern Ireland.
Under the agreement, a range of fourteen different test panels will launch during May 2023 comprising two blood and urine sample kits, seven blood prick sample kits and five DNA cheek swab kits. The tests and sample collection kits are available for applications such as thyroid function, food intolerances and sensitivities and vitamin profiles. The tests will be launched online and selected test kits will then be rolled out across approximately 120 Boots stores in Great Britain and Northern Ireland. All of the test kits are available for consumers to purchase directly from Boots stores or boots.com. The samples for these tests need to be posted and are tested at an accredited lab, after which, the blood and urine results are verified by a GP, who will provide advice on any actions the patient should take. The agreement is on a non-exclusive basis and has an initial term of 12 months from 17 May 2023.
In addition to the 14 tests under the agreement, a further six lateral flow tests will be launched online and in over 800 stores. These are done at home without needing to send a sample to the laboratory and the result is provided on the lateral flow device. This new product portfolio follows the successful launch of MyHealthChecked's COVID-19 PCR test kits via Boots online and in stores during 2021, and the distribution of FlowFlexTM lateral flow tests, which are also available online and in-store.
Penny McCormick, Chief Executive Officer of MyHealthChecked PLC, said: "We are delighted to be working with Boots with the launch of our extended portfolio of at-home tests online and in stores, whilst demonstrating execution of the next stage of our strategic plan. Our tests reflect a change in consumer needs as we see more customers take their health into their own hands. Following the launch of our extended product portfolio, our focus will turn towards ongoing customer guidance as we self-fund our investment in the evolution of our technology platform."
For further information contact:
Penny McCormick, Chief Executive Officer
via Walbrook PR
SPARK Advisory Partners Limited (NOMAD)
Tel: +44 (0)20 3368 3550
Dowgate Capital Limited (Broker)
Tel: +44 (0)20 3903 7715
David Poutney / Nicholas Chambers
Walbrook PR Ltd (Media & IR)
Tel: +44 (0)20 7933 8780 or [email protected]
Paul McManus / Alice Woodings
Mob: +44 (0)7980 541 893 / +44 (0)7407 804 654
About MyHealthChecked PLC (https://investors.myhealthchecked.com/)
MyHealthChecked PLC, based in Cardiff, is an AIM-quoted pioneering UK healthcare company focused on a range of at-home healthcare and wellness tests.
MyHealthChecked is the umbrella brand of a range of at-home rapid tests, as well as DNA, RNA and blood sample collection kits which have been created to support customers on their journeys to wellness. The tests are lateral-flow self-tests, whilst the sample collection kits enable the collection of blood, urine, nasal or mouth swab samples that are analysed in partner laboratories for a range of biomarkers. The tests will also be made available online and will be viable for over-the-counter purchase.
The MyHealthChecked portfolio has been identified as part of a change in mindset as customers become more familiar with the concept of accessible healthcare in the growing at home testing kit market with a focus on accessibility at the right price, led by UK-based experts.