Hologic Announces FDA Clearance Of Panther Fusion SARS-CoV-2/Flu A/B/RSV Assay
Portfolio Pulse from Happy Mohamed
Hologic Inc. (NASDAQ:HOLX) has received FDA clearance for its Panther Fusion SARS-CoV-2/Flu A/B/RSV assay, a molecular diagnostic test that detects and differentiates four prevalent respiratory viruses. The test runs on the fully automated Panther Fusion system and launches with the new RespDirect collection kit.
May 19, 2023 | 12:09 pm
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Hologic's FDA clearance for its Panther Fusion SARS-CoV-2/Flu A/B/RSV assay may boost its position in the molecular diagnostics market.
The FDA clearance of Hologic's Panther Fusion SARS-CoV-2/Flu A/B/RSV assay is a significant milestone for the company. This approval allows Hologic to market and sell the test in the US, potentially increasing its revenues and market share in the molecular diagnostics sector. The test's ability to detect and differentiate four prevalent respiratory viruses makes it a valuable tool for healthcare professionals, which may lead to increased demand and a positive impact on Hologic's stock price in the short term.
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