Co-Diagnostics Submits FDA 510(k) Premarket Notification for Upper Respiratory Point-of-Care Test
Rhea-AI Summary
Co-Diagnostics (Nasdaq: CODX) announced submission of a Dual FDA 510(k) premarket notification, together with a concurrent CLIA Waiver by Application, for its Co-Dx PCR Flu A/B & RSV upper respiratory multiplex test to be used on the Co-Dx PCR Pro instrument in decentralized point-of-care settings.
According to Co-Diagnostics, the filing is supported by completed clinical and analytical performance studies, including a clinical trial of more than 1,400 symptomatic patients across nine U.S. sites and an analytical program of 27 studies with over 10,000 PCR test runs, including a multicenter reproducibility study. The company states that, if the CLIA waiver is granted, the test could be used in waived point-of-care environments, supporting expanded access to PCR testing. Co-Diagnostics highlights that its Co-Dx PCR platform is designed to pair lower-cost instrumentation and consumables with cloud-based data aggregation to help track localized outbreaks, but notes the platform remains under FDA and other regulatory review and is not yet available for sale.
Positive
- Dual 510(k) and CLIA Waiver submitted to FDA for Flu A/B & RSV test
- >1,400 symptomatic patients enrolled across nine U.S. clinical sites
- 27 analytical studies and over 10,000 PCR test runs completed
- Platform integrates lower-cost PCR hardware with cloud-based data aggregation for outbreaks
Negative
- Co-Dx PCR platform remains subject to FDA and other regulatory review
- Platform and associated tests are not yet available for sale
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 28 | Partnership development | Positive | -30.9% | CoSara supplied Ebola test kits and completed an Ebola assay proof-of-concept study. |
| Jul 22 | Clinical study initiation | Positive | -3.4% | CoSara initiated Indian clinical studies for a tuberculosis test on its PCR platform. |
| Jul 16 | Leadership appointment | Positive | -0.2% | Wes Lindsey joined as chief scientific officer with FDA submission experience. |
| Jul 08 | Workshop participation | Positive | -2.6% | Co-Diagnostics participated in a global near-point-of-care TB diagnostics workshop. |
| Jul 01 | Study completion | Positive | -0.7% | Clinical and analytical studies were completed ahead of the planned FDA submission. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
CODX's five recent news events were followed by negative 24-hour price reactions, including announcements describing partnerships, studies, and regulatory preparation.
Key Terms
510(k) premarket notification regulatory
clia waiver by application regulatory
multiplex test medical
real-time pcr technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Submission includes a concurrent CLIA Waiver by Application for use of the test on the Co-Dx PCR Pro® instrument in decentralized point-of-care settings
"The submission of this 510(k) premarket notification and CLIA Waiver by Application represents one of the most significant milestones in Co-Diagnostics' history and reflects years of investment in developing the Co-Dx PCR platform," said Dwight Egan, Chief Executive Officer of Co-Diagnostics. "With this submission, we are entering the next phase of our regulatory pathway as we move towards our goal of bringing decentralized PCR diagnostics closer to the patient through a platform designed to improve accessibility, affordability and ease of use, with a cloud-based infrastructure built to power situational awareness as infections spread through communities."
The submission is supported by the clinical and analytical performance studies previously reported by the Company, including a clinical study enrolling more than 1,400 symptomatic patients across nine geographically distinct
The Co-Dx PCR platform combines real-time PCR quality with a lower-cost instrument and consumable model, and integrates an innovative cloud-based infrastructure with data aggregation with the goal of helping to track localized outbreaks as they occur. These features differentiate the platform from existing decentralized and point-of-care molecular systems and support the Company's expansion into near-patient and decentralized testing environments.
*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 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 can be identified by words such as "believes," "expects," "estimates," "intends," "may," "plans," "will," "seeks," "anticipates," and similar expressions, or the negative of these terms. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company's 510(k) notification and concurrent CLIA Waiver by Application, the timing and outcome of FDA review, the Company's ability to obtain regulatory clearance or a CLIA waiver for the Co-Dx™ PCR Flu A/B & RSV test, the expected performance and commercialization of the test and the Co-Dx PCR Pro® instrument, the Company's plans to expand the Co-Dx PCR platform with additional assays and applications, and the Company's ability to commercialize the platform in decentralized point-of-care settings.. Such statements are subject to a number of risks and uncertainties, including, without limitation: including risks that the FDA may decline to accept the submission, request additional information, testing or modifications, delay its review, or determine not to grant clearance or a CLIA waiver; risks that any clearance or waiver may be subject to limitations, conditions or labeling that restrict the contemplated use of the test or platform; risks relating to the accuracy, reliability, reproducibility and performance of the test and platform; risks associated with manufacturing scale-up, supply chains, quality systems and reliance on third parties;; risks related to the performance, reliability, and market acceptance of the Co-Dx PCR platform and other Co-Dx technology; risks related to competition, technological change, and intellectual property protection; and other risks described from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"). Actual results may differ materially from those expressed or implied in these forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. A further description of risks and uncertainties can be found in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2026, and in its other filings with the SEC. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law.
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SOURCE Co-Diagnostics