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QuidelOrtho Announces Availability of QUICKVUE™ Influenza + SARS Test for Professional Use

1. QuidelOrtho expands QUICKVUE portfolio with new rapid test. 2. Test differentiates between COVID-19 and influenza in 10 minutes. 3. Designed for professional use in multiple healthcare settings. 4. Innovation supports efficient diagnosis of respiratory illnesses. 5. Affordability enhances access to timely testing solutions.

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FAQ

Why Bullish?

The expansion of the QUICKVUE portfolio indicates growth in QDEL's diagnostic capabilities, which could lead to increased market share and revenues. Historical instances such as the launch of similar products by other companies have often positively influenced stock prices due to enhanced product offerings and customer base expansion.

How important is it?

The introduction of a competitive product enhances QDEL's industry position and could quickly drive revenue growth, making it a significant factor for investors. New testing solutions are critical during flu seasons and ongoing COVID-19 challenges, thus relevant to future earnings.

Why Short Term?

The immediate availability of the QUICKVUE Influenza + SARS Test is likely to boost sales and investor confidence rapidly. This reflects trends from past product launches where investors reacted quickly to the performance of newly introduced products.

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MODNBDXABT
, /PRNewswire/ -- Building on its leadership in point-of-care diagnostic testing, QuidelOrtho Corporation (Nasdaq: QDEL) ("QuidelOrtho"), a leading global provider of innovative in vitro diagnostic technologies, is expanding its QUICKVUE portfolio with the QUICKVUE Influenza + SARS Test, a CLIA-waived, 510(k)–cleared rapid, easy-to-use immunoassay designed for professional use in physician office laboratories, urgent care centers, emergency departments, pharmacies and decentralized hospital labs. QUICKVUE™ Influenza + SARS Test The QUICKVUE Influenza + SARS Test is designed to deliver rapid, simultaneous detection and differentiation of influenza A, influenza B and SARS-CoV-2 antigens from a single patient sample, providing results in as fast as 10 minutes. This capability can help clinicians distinguish between COVID-19 and seasonal flu infections, which present similar symptoms, enabling timely treatment decisions and improved patient outcomes. Key Features and Benefits: Triple Detection Capability: Differentiates influenza A/B and COVID-19 in one test. Fast Results: Clear results available in as fast as 10 minutes at the point of care. Professional Use: Designed for CLIA-waived and moderate/high-complexity lab settings. Efficient Workflow: Easy-to-collect nasal swab, streamlined processing and clear result window. Affordable Access: Cost-effective visual combo test. "Physician office labs and urgent care centers are on the front lines of respiratory illness diagnosis. With the QUICKVUE Influenza + SARS Test, we're equipping healthcare providers with a reliable, affordable and efficient tool to differentiate between COVID-19 and influenza in minutes," said Tammi Ranalli, PhD, Senior Vice President, Molecular Diagnostics and Point of Care Business Units, QuidelOrtho. "This innovation reflects QuidelOrtho's commitment to supporting healthcare professionals with cost-effective solutions that streamline clinical decisions and help manage seasonal surges in respiratory infections."The launch of the QUICKVUE Influenza + SARS Test expands QuidelOrtho's portfolio of respiratory solutions, including the SOFIA™ 2 Flu + SARS Antigen FIA, by offering a visually read option alongside QuidelOrtho's instrumented version and reinforces QuidelOrtho's market leadership in point-of-care respiratory testing. The QUICKVUE Influenza + SARS Test is available in the United States through QuidelOrtho's existing distribution channels and is not intended for in-home use.About QuidelOrtho CorporationWith expertise spanning clinical chemistry, immunoassay, immunohematology and molecular testing, QuidelOrtho Corporation (Nasdaq: QDEL) is a leading global provider of diagnostic solutions, delivering fast, accurate and reliable results that help improve patient outcomes – from the point of care to hospital, lab to clinic. Building on a legacy of innovation, QuidelOrtho works with healthcare providers to advance diagnostics that connect insights with solutions, defining a clearer path for informed decisions and better care.For more information, visit www.quidelortho.com and follow QuidelOrtho on LinkedIn, Facebook and X.Investor Contact:Juliet CunninghamVice President, Investor Relations[email protected]Media Contact:D. Nikki WheelerSenior Director, Corporate Communications[email protected]SOURCE QuidelOrtho Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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