TMO stock has been trading sideways for most of the year. It offers its products and services through various brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services. Good Stocks To Invest In Today? 4 5G Stocks To Watch Thermo Fisher Scientific IncĪnother top medical diagnostic company in the stock market todaywould be Thermo Fisher. So, would you bet on CODX stock to be the next big diagnostic stock? Source: TD Ameritrade TOS Now, it does seem like an exciting time for the company with its recent validation. It appears that it is effective in detecting all known strains which include the Delta variant of SARS-CoV-2. In fact, the company has sold millions of the kits since the onset of the pandemic. It is noteworthy that among the various diagnostic products using CoPrimer technology to have received regulatory clearance is the Logix Smart™ COVID-19 Test kit. All these further validate the uniqueness and versatility of the CoPrimer platform. Co-Diagnostics also stated that most of its tests sold have been to repeat customers which indicates that its customers have come to depend on the quality of its CoPrimer assays. It was awarded a patent from the Republic of Korea’s Intellectual Property Office for the Company’s CoPrimer™ technology. Yesterday, the company announced that it has added to its suite of intellectual property protection.
Let us see what could be the catalyst for this movement. Not to mention, it also sells diagnostics equipment from other manufacturers as self-contained lab systems (MDx device).ĬODX stock soared by over 21% on Thursday.
Its reagents are used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules. For starters, it is a company that specializes in diagnostic technology. Best Lithium Battery Stocks To Buy Now? 4 To Knowįollowing that, we have the molecular diagnostics company Co-Diagnostics.4 Artificial Intelligence Stocks To Watch Right Now.With so many recent developments, could we expect strong second-quarter financial results next week? If you think so, then LH stock could be worth adding to your watchlist right now. Centers for Disease Control and Prevention (CDC) effort to track the spread of SARS-CoV-2 variants throughout the country. It is utilizing Molecular Loop Biosciences, Inc’s SARS-CoV-2 Research Sequencing Panel to carry out the sequencing. With this, physicians will have immediate access to ensure every patient who may benefit from sotarasib is appropriately identified and treated.īesides that, the company is also helping to sequence thousands of complete coronavirus genomes each week from positive patient samples. This is a companion diagnostic to identify patients with non-small cell lung cancer who are eligible for treatment with LUMAKRAS™ (sotorasib), a new treatment option developed by Amgen ( NASDAQ: AMGN). LH stock has been on a bullish run this year, showing gains of over 37%.Įarlier this month, Laboratory Corp announced the availability of therascreen KRAS PCR Mutation Analysis. The company offers a variety of frequently requested testing through a network of primary and specialty laboratories across the United States. Put simply, it is a life sciences company that guides patient care, providing clinical laboratory and end-to-end drug development services. Thermo Fisher Scientific Inc ( NYSE: TMO)įirstly, we have the healthcare diagnostic company, Laboratory Corp.If you share the same sentiment, here are 4 names to watch in the stock market today. Given the importance of this industry right now, some would argue that it is a good time to add medical diagnostic stocks to your portfolio. It would even be responsible for staffing test locations, coordinating sample collection, running the tests, and ultimately reporting results to the Public Health departments.
For instance, Quidel which specializes in rapid diagnostic testing solutions would run COVID-19 testing programs to support the reopening of schools. We can see companies such as Abbott Laboratories ( NYSE: ABT) and Quidel Corporation ( NASDAQ: QDEL) playing an important role in combating the global pandemic. A fatal disease can be detected early with proper diagnostic testing and this could potentially save millions of lives. Accurate and efficient diagnostic procedures are essential for doctors to create a proper treatment plan that would fully benefit the patient. The importance of a good diagnosis should not be understated. As the name suggests, these are companies that specialize in diagnostic testing and equipment. Medical diagnostic stocks are a branch of health care stocks in the stock market. Are These The Best Medical Diagnostic Stocks To Buy Right Now?
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