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 discussion Register to chat with like-minded investors on our interactive forums.

BIO Biotest AG

41.60
0.00 (0.00%)
14:18:06 - Realtime Data
Share Name Share Symbol Market Type
Biotest AG TG:BIO Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 41.60 41.60 42.40 0.00 14:18:06

Bio-Rad Receives FDA Approval for New HIV-1/HIV-2 Rapid Test

04/01/2005 1:00pm

PR Newswire (US)


Biotest (TG:BIO)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Biotest Charts.
Bio-Rad Receives FDA Approval for New HIV-1/HIV-2 Rapid Test First FDA-Approved Single Use Test Available in the U.S. to Differentiate Between HIV-1 and HIV-2 Antibodies HERCULES, Calif., Jan. 4 /PRNewswire-FirstCall/ -- Bio-Rad Laboratories, Inc. (Amex: BIO; BIOb), a multinational manufacturer and distributor of life science research products and clinical diagnostics, announced today that it recently received approval from the U.S. Food and Drug Administration (FDA) for its new Multispot HIV-1/HIV-2 Rapid Test. This highly sensitive test kit will soon be available in the United States and will significantly aid in the diagnosis of HIV-1/HIV-2 (Human Immunodeficiency Virus, Types 1 and 2), the viruses that cause AIDS (Acquired Immunodeficiency Syndrome). "This unique rapid test is the only single use assay to be approved by the FDA for the detection and differentiation of HIV-1 and HIV-2 antibodies," said John Goetz, Bio-Rad Vice President and Group Manager of Clinical Diagnostics. "We are pleased to receive FDA approval and look forward to providing the product to our U.S. customers in January 2005. The Multispot HIV-1/HIV-2 Rapid Test is an important addition to the company's HIV product line, which now includes a full range of kits for screening, confirmation and differentiation of HIV-1 and HIV-2 antibodies. The new single use qualitative enzyme immunoassay can be used on both fresh and frozen serum and plasma samples; it is easy to use, producing results in approximately 10 minutes; and it will provide clinical laboratories with a significant improvement to existing diagnostics for HIV. Clinical studies on a large number of HIV-1 and HIV-2 antibody positive and negative samples have shown that the test provides the highest levels of sensitivity (100%) and specificity (>99.9%). The assay is also suitable for use in multi-test algorithms designed for statistical validation of rapid HIV test results. The test is moderately complex and approved for use in CLIA-certified laboratories (Clinical Laboratory Improvement Amendments of 1988). The U.S. Centers for Disease Control and Prevention (CDC) recently reported that there are between 850,000-950,000 people living with HIV/AIDS in the U.S. alone. Due to the disproportionate number of cases of people who do not know they are infected (people who are tested, but do not return for results), the CDC and other World Health Organization (WHO) affiliates are showing increased support for the implementation of rapid HIV testing programs that will provide patients with faster test results. According to WHO, testing and counseling is the key entry point to prevention services in populations at risk for HIV/AIDS and can lead to the reduction of infections transmitted sexually and/or by intravenous drug use. Bio-Rad Laboratories, Inc. (http://www.bio-rad.com/) is a multinational manufacturer and distributor of life science research products and clinical diagnostics. It is based in Hercules, California, and serves more than 70,000 research and industry customers worldwide through a network of more than 30 wholly owned subsidiary offices. Various statements made within this press release may constitute "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. The forward-looking statements contained herein involve risks and uncertainties that could cause results to differ materially from the Company's expectations. DATASOURCE: Bio-Rad Laboratories, Inc. CONTACT: Susan Berg, Corporate Communications, of Bio-Rad Laboratories, Inc., +1-510-741-6063, or Web site: http://www.bio-rad.com/

Copyright

1 Year Biotest Chart

1 Year Biotest Chart

1 Month Biotest Chart

1 Month Biotest Chart

Your Recent History

Delayed Upgrade Clock