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Co-Diagnostics Receives Japanese Patent Covering Co-Dx PCR Platform Technologies

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(Very Positive)
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Co-Diagnostics (Nasdaq: CODX) announced that the Japan Patent Office granted Japanese Patent No. 7797537 on March 12, 2026, titled "Systems, Methods, and Apparatus for Automated Self-Contained Biological Analysis."

The patent, originally registered December 26, 2025, contains 34 claims covering the Co-Dx PCR Pro instrument, proprietary test cups, and core automated point-of-care PCR platform technologies, and follows a 2025 Australian patent. The company says this expands international IP protection while the platform remains subject to regulatory review and is not yet for sale.

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Positive

  • Japan patent granted (No. 7797537) strengthens IP
  • 34 patent claims cover instrument and test cups
  • Expands international portfolio after 2025 Australian patent

Negative

  • Co-Dx PCR platform remains subject to regulatory review and not for sale

News Market Reaction – CODX

-18.83%
32 alerts
-18.83% Session close to close
+31.0% Peak Tracked
-15.0% Trough Tracked
$6.58M Market Cap
0.8x Rel. Volume

In the Mar 12 session, CODX declined 18.83%, reflecting a significant negative market reaction. Argus tracked a peak move of +31.0% during that session. Argus tracked a trough of -15.0% from its starting point during tracking. Our momentum scanner triggered 32 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -18.8% in the session following this news. A negative reaction despite patent prot...
Analysis

The stock dropped -18.8% in the session following this news. A negative reaction despite patent protection fits a pattern where positive operational news did not consistently support the share price. The stock had previously rallied over 100% on the Nasdaq compliance announcement, leaving room for profit-taking and heightened volatility. While the Japanese patent adds 34 claims to the Co-Dx PCR platform’s IP footprint, the market may have focused more on broader downtrend signals, including trading below the $8.21 200-day moving average.

Key Figures

Cash and equivalents: $11.9 million Shares outstanding: 60,892,582 shares Ayrton ownership: 0 shares (0%) +5 more
8 metrics
Cash and equivalents $11.9 million Preliminary estimate as of Dec 31, 2025 per 8-K
Shares outstanding 60,892,582 shares Common stock outstanding as of Nov 11, 2025
Ayrton ownership 0 shares (0%) Schedule 13G/A reporting beneficial ownership of CODX
Minimum bid price $1.00 Nasdaq continued listing requirement referenced in 8-Ks
Reverse stock split 1-for-30 Reverse split effective January 2, 2026
Patent claims 34 claims Japanese Patent No. 7797537 covering Co-Dx PCR platform
Japanese patent number 7797537 Patent for automated self-contained biological analysis
Daily price move -26.36% CODX 24h price change ahead of/with this patent news

Historical Context

5 past events · Latest: Mar 10 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 10 Nasdaq compliance regained Positive +101.8% Regained compliance with Nasdaq listing and $1.00 bid price requirement.
Feb 09 Expo participation Positive -4.7% Showcasing PCR platform at Dubai health expo and highlighting MENA joint venture.
Feb 05 India instrument license Positive +0.0% CoSara received CDSCO license to manufacture and sell PCR Pro instrument in India.
Feb 04 ISO certification Positive +0.0% CoSara obtained ISO 13485:2016 certification for its India manufacturing facility.
Jan 12 Distributor expansion Positive -3.4% CoSara expanded distributor engagement and prepared for MTB test clinical studies.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive operational and regulatory updates often saw flat or negative price reactions, with the Nasdaq compliance win on Mar 10, 2026 a notable upside outlier.

Recent Company History

Over the past few months, Co-Diagnostics has focused on advancing and positioning its Co-Dx PCR platform globally. On Jan 12, 2026, its CoSara JV highlighted distributor expansion and preparation for clinical studies. In early February, CoSara obtained ISO 13485 certification and an Indian CDSCO license tied to the PCR Pro instrument, plus a Dubai expo appearance. On Mar 10, 2026, the company regained Nasdaq listing compliance, which was followed by a strong positive share move. Today’s Japanese patent further extends this platform-focused trajectory and international positioning.

Key Terms

polymerase chain reaction (pcr), point-of-care, patent cooperation treaty (pct), molecular diagnostics
4 terms
polymerase chain reaction (pcr) medical
"Co-Dx PCR point-of-care system is designed to deliver gold-standard PCR accuracy"
A polymerase chain reaction (PCR) is a laboratory method that makes many copies of a specific segment of genetic material, like photocopying a single page from a huge book so it can be read and tested easily. Investors care because PCR underpins many diagnostic tests, clinical trials and regulatory approvals: demand, accuracy and speed of PCR-based testing can directly affect revenue and risk for companies in healthcare, biotech and labs.
point-of-care medical
"other aspects of the point-of-care platform*."
"Point-of-care" refers to the location where immediate decision-making or actions happen, often involving the direct delivery of services or results. In healthcare, it describes tests or treatments performed directly at the patient's side, rather than in a distant laboratory. For investors, understanding "point-of-care" highlights the convenience, speed, and potential growth opportunities of services or products that bring solutions directly to the user or patient.
patent cooperation treaty (pct) regulatory
"was filed under the Patent Cooperation Treaty (PCT) to allow the Company"
An international patent filing system that lets an applicant start the patent process in many countries with a single unified application, like submitting one passport-style request instead of separate applications for each country. It matters to investors because PCT filings can preserve and coordinate intellectual property rights globally while a company refines its markets and partners; a robust PCT strategy can protect future revenue streams, signal competitive advantage, and affect valuation and licensing potential.
molecular diagnostics medical
"a molecular diagnostics company with a unique, patented platform"
Molecular diagnostics are laboratory tests that look for specific molecules — such as genes, pieces of DNA or RNA, or proteins — to detect disease, predict risk, or guide treatment choices. For investors, these tests matter because they can change how illnesses are diagnosed and treated, create recurring revenue through specialized tests and companion products, and face clear regulatory and reimbursement pathways that drive commercial value; think of them as reading a biological barcode to inform medical decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SALT LAKE CITY, March 12, 2026 /PRNewswire/ -- Co-Diagnostics, Inc. (Nasdaq: CODX) ("Co-Dx" or "the Company"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, today announced that the Japan Patent Office ("JPO") has granted Japanese Patent No. 7797537, titled "Systems, Methods, and Apparatus for Automated Self-Contained Biological Analysis." The patent further strengthens Co-Dx's intellectual property portfolio and supports the innovativeness of its novel Co-Dx PCR Pro® instrument, test cups, and other aspects of the point-of-care platform*.

Initially registered on December 26, 2025, the patent includes 34 claims and was filed under the Patent Cooperation Treaty (PCT) to allow the Company to pursue coordinated international protection in countries around the world with a single application.

"The Japan Patent Office is considered one of the world's most rigorous and meticulous in its review process," said Dwight Egan, Chief Executive Officer of Co-Diagnostics. "We believe that receiving such a comprehensive patent by the JPO illustrates the uniqueness and innovation of the Co-Dx platform, and its potential for transforming how and where infectious diseases are diagnosed. This patent reinforces the global protection of our platform technologies and supports our strategy to expand access to affordable, high-performance point-of-care PCR testing solutions worldwide."

The issuance follows the patent granted by the Australian Patent Office in 2025 and further expands the Company's growing patent portfolio, which is designed to protect the Co-Dx PCR platform and associated technologies in key international markets. By securing intellectual property rights in Japan, Co-Diagnostics strengthens its competitive positioning and enhances its ability to pursue commercial opportunities, partnerships, and regulatory initiatives in the region.

Co-Diagnostics' Co-Dx PCR point-of-care system 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 aims to enable rapid, sensitive, and specific molecular diagnostics across a broad range of applications.

The 34 claims in the patent cover the fundamental systems, methods, and apparatus for automated, self-contained biological analysis performed by Co-Dx's PCR platform, and encompasses both the Co-Dx instrument and its proprietary test cups designed for use with the system.

*The Co-Dx PCR platform (including the PCR Home®, PCR Pro®, mobile app, and all associated tests) is subject to review by the FDA and/or other regulatory bodies and is not yet available for sale.

About Co-Diagnostics, Inc.:

Co-Diagnostics, Inc., a Utah corporation, is a molecular diagnostics company that develops, manufactures and markets state-of-the-art diagnostics technologies. The Company's technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR at-home and point-of-care platform (subject to regulatory review and not currently cleared for sale) and to identify genetic markers for use in applications other than infectious disease.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "believes," "expects," "anticipates," "intends," "plans," "may," "will," "potential," "could," and similar expressions, or the negative of these terms. These statements include, but are not limited to, statements regarding the potential applications, capabilities, regulatory status, commercialization prospects, and market opportunities for the Company's Co-Dx PCR platform, including the Co-Dx PCR Pro® instrument and related technologies, as well as the potential impact of the Company's intellectual property portfolio, including recently issued patents. Forward-looking statements are based on management's current expectations and assumptions as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks related to regulatory review and approvals, product development and validation, intellectual property protection, market acceptance of new diagnostic technologies, commercialization efforts, competition, and other risks described in the Company's filings with the Securities and Exchange Commission, including the Risk Factors section of the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 27, 2025, and subsequent reports filed with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release.

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SOURCE Co-Diagnostics

FAQ

What does Japanese Patent No. 7797537 mean for Co-Diagnostics (CODX)?

It grants intellectual property protection in Japan for Co-Dx platform technologies. According to Co-Diagnostics, the patent includes 34 claims covering the PCR Pro instrument, test cups, and automated analysis methods, strengthening the company's international IP position and commercial footing in Japan.

When was the Co-Diagnostics Japan patent (CODX) registered and granted?

The patent was initially registered December 26, 2025 and granted March 12, 2026. According to Co-Diagnostics, the Japan Patent Office issued Japanese Patent No. 7797537 after PCT filing and review, formalizing protection for the Co-Dx PCR platform technologies.

Which Co-Dx technologies are covered by the Japan patent for CODX?

The patent covers the Co-Dx PCR Pro instrument, proprietary test cups, and automated analysis methods. According to Co-Diagnostics, the 34 claims encompass fundamental systems, methods, and apparatus for its point-of-care PCR platform and associated test consumables.

Does the Japan patent mean Co-Dx PCR products are available for sale in Japan now?

No, the patent does not indicate product availability or regulatory approval. According to Co-Diagnostics, the Co-Dx PCR platform remains subject to FDA and other regulatory reviews and is not yet available for sale while approvals are pursued.

How does the Japan patent affect Co-Diagnostics' global IP strategy (CODX)?

It extends legal protection in a key market and strengthens international IP coverage. According to Co-Diagnostics, the Japan patent complements prior grants like the 2025 Australian patent and supports pursuing partnerships, commercial opportunities, and regulatory initiatives in the region.