ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

HOLX Hologic Inc

76.28
0.51 (0.67%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hologic Inc NASDAQ:HOLX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.51 0.67% 76.28 75.33 77.44 77.25 75.38 75.77 1,423,724 00:55:11

Paraflu Assay Now FDA Cleared on Hologic's New Panther Fusion® System

26/10/2017 1:07pm

PR Newswire (US)


Hologic (NASDAQ:HOLX)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Hologic Charts.

MARLBOROUGH, Mass., Oct. 26, 2017 /PRNewswire/ -- Hologic, Inc. (Nasdaq: HOLX) announced today that it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for its Panther Fusion® Paraflu assay, a multiplexed assay which runs on the new Panther Fusion® system. 

Paraflu Multiplex Assay Now FDA Cleared on Hologic’s New Panther Fusion® System

The Fusion Paraflu assay detects and differentiates Parainfluenza viruses 1, 2, 3, and 4.  It is the second diagnostic assay available on the Panther Fusion system, complementing the Panther Fusion Flu A/B/RSV assay, which received clearance several weeks ago.

Human parainfluenza viruses (HPIVs) commonly cause respiratory illnesses in infants and young children. Most patients recover, but HPIVs can also cause more severe conditions, including croup and pneumonia. Four types of HPIVs circulate at different times of the year.1

"It's important to identify the cause of any infection to make sound clinical decisions about treatment," said Tom West, president of the Diagnostic Solutions Division at Hologic. "Molecular diagnostic tests have become the gold standard for pathogen detection due to their sensitivity and specificity."

In addition to the Panther Fusion Paraflu and Flu A/B/RSV assays, a third multiplexed assay, the Panther Fusion AdV/hMPV/RV (adenovirus/human metapneumovirus/rhinovirus) assay, is under review by the FDA.  This assay is not currently available for sale in the United States.

Once all three Panther Fusion assays are cleared, they will offer a modular approach to syndromic respiratory testing via the ability to run one, two or all three assays from a single patient specimen. The Panther Fusion assays also utilize ready-to-use reagents, which offer up to 60-day on-board stability. 

"Our modular approach will enable laboratories to conduct respiratory testing in an efficient and cost-effective manner," said West. "The availability of three panels focused on the most frequently ordered tests allows labs the flexibility to meet specific patient needs without running unnecessary tests."

The Panther Fusion is available as a full system, or the Panther Fusion module can be attached to existing Panther systems in the field to extend testing capabilities. Specifically, the Panther Fusion module adds the capacity to run PCR (polymerase chain reaction) assays in addition to tests based on TMA (transcription-mediated amplification), the proprietary Hologic chemistry that powers the Company's Aptima® brand.  The Panther Fusion system retains all the key benefits of the Panther platform, including full sample-to-result automation, the ability to run multiple tests from a single sample, random and continuous access, sample processing with rapid turnaround time, continuous loading, and STAT capabilities.

The Panther Fusion system and Panther Fusion Flu A/B/RSV, Paraflu, and AdV/hMPV/RV assays have been CE-marked for diagnostic use and are commercially available in Europe.

About Hologic

Hologic, Inc. is an innovative medical technology company primarily focused on improving women's health and well-being through early detection and treatment. For more information on Hologic, visit www.hologic.com.

Forward-Looking Statements

This press release may contain forward-looking information that involves risks and uncertainties, including statements about the use of Hologic's diagnostic products. There can be no assurance these products will achieve the benefits described herein or that such benefits will be replicated in any particular manner with respect to an individual patient. The actual effect of the use of the products can only be determined on a case-by-case basis depending on the particular circumstances and patient in question. In addition, there can be no assurance that these products will be commercially successful or achieve any expected level of sales. Hologic expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements presented herein to reflect any change in expectations or any change in events, conditions or circumstances on which any such statements are based.

Hologic, Panther, Panther Fusion, Aptima and The Science of Sure are trademarks and/or registered trademarks of Hologic, Inc. in the United States and/or other countries.

Investor Contact:
Michael Watts
+1 858.410.8588
michael.watts@hologic.com

Media Contact:
Jane Mazur
+1 508.263.8764 (direct)
+1 585.355.5978 (mobile)
jane.mazur@hologic.com

References

1. https://www.cdc.gov/parainfluenza/index.html. Accessed October 20, 2017.

 

View original content with multimedia:http://www.prnewswire.com/news-releases/paraflu-assay-now-fda-cleared-on-hologics-new-panther-fusion-system-300543724.html

SOURCE Hologic, Inc.

Copyright 2017 PR Newswire

1 Year Hologic Chart

1 Year Hologic Chart

1 Month Hologic Chart

1 Month Hologic Chart

Your Recent History

Delayed Upgrade Clock