Zacks Investment Research | Mar 19, 2020 10:43PM ET
Bio-Rad Laboratories, Inc. (NYSE:BIO) announced that the performance of its QX200 Droplet Digital polymerase chain reaction (PCR) (ddPCR) System for the clinical detection of SARS-CoV-2 was proved to be more accurate compared to the existing testing procedures performed using qPCR. The findings have been published in two studies this month, ahead of peer-review.
Notably, the company is working to provide access to the ddPCR-based tests for the detection of SARS-CoV-2. Bio-Rad is also collaborating with Biodesix in Colorado to bring an Emergency Use Authorization (EUA) test online.
The recent outcomes fortify Bio-Rad’s global Clinical Diagnostics business.
Significance of the Studies
Per the first study, clinicians in Wuhan, China, concluded that a sample of infected individuals, who was initially tested negative for COVID-19 using qPCR, was tested positive using ddPCR. Per the findings, it can be deduced that ddPCR can reduce false-negative results of COVID-19, without leading to an increase in false-positive results. This could be a significant improvement to the current testing standards.
Per the second study, which was led by the National Institute of Metrology and provincial CDCs in China, it was concluded that ddPCR significantly improves the diagnostic detection accuracy of SARS-CoV-2. Additionally, ddPCR was found to be more sensitive and appropriate for those patients in isolation and observation, who are currently not showing any clinical symptoms.
Industry Prospects
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