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【fish finder rig with float】Roche Gets Emergency FDA Approval For Covid-19 Antibody Test, Starts Shipping

发帖时间:2024-10-04 03:48:18

Switzerland’s Roche Holding AG (

RHHBY

【fish finder rig with float】Roche Gets Emergency FDA Approval For Covid-19 Antibody Test, Starts Shipping


) announced on Sunday that its antibody test,fish finder rig with float which seeks to determine if an individual has been infected with the coronavirus, has received emergency approval by the U.S. Food and Drug Administration (FDA).

【fish finder rig with float】Roche Gets Emergency FDA Approval For Covid-19 Antibody Test, Starts Shipping


“We are now able to deliver a high-quality antibody test in high quantities, so we can support healthcare systems around the world with an important tool to better manage the COVID-19 health crisis,” said Severin Schwan, CEO of the Roche Group. ”I am in particular pleased about the high specificity and sensitivity of our test, which is crucial to support health care systems around the world with a reliable tool to better manage the COVID-19 health crisis.”

【fish finder rig with float】Roche Gets Emergency FDA Approval For Covid-19 Antibody Test, Starts Shipping


The Swiss drugmaker said it has already started shipping the antibody tests to leading laboratories around the world and will ramp up production capacity to provide “high double-digit millions” of tests in May to healthcare systems in countries accepting the European CE regulatory mark as well as the U.S.


The antibody test, which has a specificity greater than 99.8% and 100% sensitivity aims to help assess patients’ immune response to the virus, the drugmaker said.


HSBC analyst


Stephen McGarry


on Thursday raised the stock to Hold from Sell, saying that the drugmaker represents one of the more secure bets within the pharmaceutical sector.


McGarry noted that compared to other industries, sales and cash flows of the pharmaceutical industry in the Covid-19 realm are well protected.


The two Wall Street analysts covering the stock in the past three months are split between a Buy and a Hold rating adding up to a Moderate Buy consensus rating. The $48 average


price target


indicates that they see 12% upside potential in the shares in the next 12 months.


Related News:


Gilead’s Remdesivir Receives Emergency FDA Approval; Here’s What This Five-Star Analyst Has To Say


Gilead Down 5% As Q1 Earnings Spark Street Downgrades


Vaxart Shows Strong Progress in Its COVID-19 Program; 5-Star Analyst Boosts Price Target


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