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ADPT Adaptive Biotechnologies Corporation

3.01
0.08 (2.73%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Adaptive Biotechnologies Corporation NASDAQ:ADPT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.08 2.73% 3.01 2.91 4.79 3.14 2.95 2.99 1,094,025 05:00:01

Adaptive Biotechnologies Gets FDA EUA for T-Detect to Confirm Recent or Prior Covid-19 Infection

06/03/2021 12:28am

Dow Jones News


Adaptive Biotechnologies (NASDAQ:ADPT)
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By Josh Beckerman

 

Adaptive Biotechnologies Corp. said the U.S. Food and Drug Administration issued an Emergency Use Authorization for T-Detect COVID to confirm recent or prior Covid-19 infection.

Shares were recently up 18% to $50 after hours.

The company said the T-cell-based based test is the first indication resulting from Adaptive's TCR-Antigen Map collaboration with Microsoft Corp.

"People who have been unsure about a prior infection will now have another way to know if they had the virus," the company said. "We have proven that it is possible to read how T cells detect disease in the blood, and this is just the beginning of a pipeline of tests for many other indications," the company said.

The EUA was based on a clinical validation study showing that T-Detect COVID demonstrated sensitivity of 97.1% from date of diagnosis using RT-PCR, Adaptive said.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

March 05, 2021 19:13 ET (00:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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