Novacyt was paid to deliver 288,000 kits per week to the NHS at the height of the pandemic.
However, concerns about the kit were raised by the Government’s validation group, which assessed how sensitive tests were and whether they produced false negatives.
Adam Heppinstall KC, representing the government department, said in April that the rate of failure was “far in excess” of anything that could be tolerated.
He added: “Time is of the essence and the quality and robustness of the test is very important. A false negative is frankly very dangerous for public health.”
The tests were never rolled out by the NHS.
Novacyt and Primer Design had claimed evidence suggesting their tests failed to spot Covid-19 was “seriously and obviously flawed”.
They argued that errors had been made in assessing the laboratory results.
Novacyt and Primer Design had launched a counter claim for £70m over three unpaid invoices.
Following the settlement, the cases will now no longer proceed to trial.
Neither party made any admission of liability or wrongdoing in respect of the claim or counterclaim or otherwise.
More than 100 Body Shop stores have been saved from closure after a deal was struck to rescue one of Britain's best known high street chains.The w
We've been reviewing a contract for services with a customer of ours. It states in the main body that either side must give 12 months notice. However in the sma
Getting into property is considered to be Lachlan Murdoch’s shrewdest and most profitable contribution to building the family empire.Shortly after the turn of