Co-Diagnostics Receives Grant of Australian Patent Covering Co-Dx PCR Platform Technologies
Rhea-AI Summary
Co-Diagnostics (Nasdaq: CODX) announced that the Australian Patent Office granted Australian Patent No. AU2022270084A1, strengthening IP around its Co-Dx PCR platform.
The patent, filed in May 2022 and granted in June 2025, covers the design and operation of the Co-Dx PCR Pro instrument and test cups and protects the company’s Co-Primers® approach for nucleic acid detection. The grant provides regional protection in Australia as the company advances a Co-Dx PCR Flu A/B, COVID, RSV multiplex test currently in clinical performance testing. The platform remains under FDA/other regulatory review and is not yet for sale.
Positive
- Australian patent AU2022270084A1 granted in June 2025
- Patent covers Co-Dx PCR Pro instrument and test cups
- Protects Co-Primers technology for nucleic acid detection
- Patent strengthens commercial defenses in Australia
Negative
- Patent protection limited to Australia (regional scope)
- Co-Dx PCR platform is under regulatory review and not for sale
- Key multiplex test is in clinical performance testing, not commercial
News Market Reaction 12 Alerts
On the day this news was published, CODX declined 2.47%, reflecting a moderate negative market reaction. Argus tracked a trough of -34.7% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $353K from the company's valuation, bringing the market cap to $14M at that time. Trading volume was very high at 4.1x the daily average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus 1 Up 1 Down
Peer moves appear mixed: scanner shows NXL up 7.94% while ALUR is down 5.22%. Broader medical-device peers in the affinity list also show both gains and losses, suggesting this CODX move is more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 18 | TB workshop invite | Positive | +5.3% | CoSara invited to advanced TB diagnostics course in Chennai, India. |
| Dec 17 | Flu assay analysis | Positive | +6.5% | In silico analysis supports maintained reactivity of Logix Smart ABC test. |
| Dec 09 | POC AI presentation | Positive | +4.5% | Presentation on portable Co-Dx PCR platform and AI integration at conference. |
| Dec 08 | TB/HPV preclinical data | Positive | -7.4% | CoSara participation at VIROCON and Phase I/II MTB and HPV data update. |
| Nov 20 | TB test address | Positive | -5.8% | Address on MTB test adoption and POC plans plus possible CoSara SPAC deal. |
Recent platform- and TB-related announcements often saw positive reactions, but some clinically focused updates triggered negative moves, indicating inconsistent response to similar news.
Over the past months, Co-Diagnostics highlighted its Co-Dx PCR platform across multiple settings. On Nov 20, 2025, it discussed MTB adoption and a potential SPAC-related transaction for CoSara, followed by TB and HPV preclinical data on Dec 8. Subsequent AI and point-of-care presentations on Dec 9 and influenza Co-Primers® analysis on Dec 17 produced gains, as did CoSara’s TB course participation on Dec 18. Today’s Australian patent further extends that IP-focused platform narrative.
Market Pulse Summary
This announcement highlights a newly granted Australian patent for the Co-Dx PCR platform, the first patent for this point-of-care system and its associated instruments and test cups. It builds on months of platform-focused communications, including TB, HPV and influenza initiatives and AI-enabled point-of-care diagnostics. Investors may watch for future regulatory clearances, additional IP grants in other regions, and progress converting this patent protection into commercial deployments once the platform clears required reviews.
Key Terms
polymerase chain reaction medical
pcr medical
nucleic acid medical
point-of-care testing medical
multiplex test medical
clinical performance testing medical
co-primers medical
fda regulatory
AI-generated analysis. Not financial advice.
The Australian patent represents the first patent granted for the Company's new point-of-care testing platform
Initially filed in May 2022 before being granted in June of this year, the patent is the first granted for the new platform and provides broad protection in
"This patent represents another significant milestone in securing global protection for our technology as we continue expanding the potential applications of the point-of-care PCR platform," said Dwight Egan, CEO of Co-Dx. "From the beginning, Co-Dx's goal has been to make accurate, accessible PCR testing available where it is needed most, and strengthening our global IP portfolio is essential to that mission."
The patent grant in
Co-Diagnostics' Co-Dx PCR platform is designed to deliver gold-standard PCR accuracy in a compact, user-friendly device suitable for decentralized testing environments. The platform leverages the Company's patented Co-Primers® technology and is intended to enable rapid, sensitive, and specific molecular diagnostics across a broad range of infectious disease applications.
*The Co-Dx PCR platform (including the Co-Dx PCR Home™, Co-Dx PCR Pro™, mobile app, and all associated tests and software) is subject to review by the FDA and/or other regulatory bodies and is not available for sale.
About Co-Diagnostics, Inc.:
Co-Diagnostics, Inc., a
Forward-Looking Statements:
This press release contains forward-looking statements. Forward-looking statements can be identified by words such as "believes," "expects," "estimates," "intends," "may," "plans," "will" and similar expressions, or the negative of these words. Forward-looking statements include, but are not limited to, statements regarding the anticipated benefits of the Australian patent grant, the potential applications, performance, commercialization, and market opportunities of the Co-Dx PCR platform and related tests, the progress and outcomes of clinical performance testing, the prospects for regulatory review or approval by the FDA or other regulatory authorities, and the Company's ability to introduce or distribute its products in
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SOURCE Co-Diagnostics