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Quidel

The firm reports it had the highest flu revenue in the fourth quarter since the pandemic flu outbreak of 2009.

Natera discussed its cancer and transplant rejection testing businesses, while Exact Sciences explained how it will benefit from its Genomic Health acquisition.

Quidel said that it expects fourth quarter 2019 revenues to be in the range of $151 million to $152 million, which would eclipse analyst expectations.

The firm plans to launch 10 new products next year, but analysts were cautious about Quidel's prospects moving forward.  

The firm saw a 36 percent increase in influenza product sales compared to the third quarter last year.

The plan focuses on five scientific priorities to advance research and development over the next five years, including developing diagnostic tests for the diseases. 

The FDA-cleared panel includes tests for salmonella, Shiga toxin-producing Escherichia coli, Shigella, Campylobacter, and Cryptosporidium.

The company said it is pushing to begin simultaneous clinical trials for multiple small panel-based tests for its sample-to-answer Savanna platform.

The firm experienced a 30 percent jump in sales of immunoassays, attributed in part to a $6.2 million increase in influenza revenues year-over-year.

In US influenza testing, providers see growth in placements within hospital emergency departments, physicians' offices, urgent care centers, and retail clinics.

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