Welcome to our dedicated page for Orasure Tech news (Ticker: OSUR), a resource for investors and traders seeking the latest updates and insights on Orasure Tech stock.
OraSure Technologies Inc (OSUR) is a leader in non-invasive diagnostic solutions and molecular testing systems for global healthcare markets. This comprehensive news hub provides investors and healthcare professionals with essential updates on corporate developments, regulatory milestones, and product innovations.
Access timely updates including earnings reports, FDA clearances, clinical trial results, and strategic partnerships. Our curated collection features press releases covering oral fluid diagnostics advancements, molecular testing solutions, and cryosurgical product developments – all critical for assessing the company's market position.
Key content categories include financial performance disclosures, manufacturing expansion announcements, research collaborations, and public health initiatives. The archive serves as a vital resource for tracking OSUR's contributions to HIV testing, substance abuse screening, and genetic material stabilization technologies.
Bookmark this page for streamlined monitoring of OraSure's operational updates and industry leadership in medical device innovation. Check regularly for authoritative information supporting informed analysis of this diagnostic technology pioneer.
OraSure Technologies, Inc. (NASDAQ: OSUR) reported 2020 net revenues of $171.7 million, an 11% increase year-over-year, driven by $49.8 million in sales of COVID-19 molecular testing devices. The fourth quarter net revenues rose 27% to $62.9 million, reflecting strong demand for molecular sample collection kits. The company is moving forward with Emergency Use Authorization (EUA) submissions for its COVID-19 Rapid Antigen Self-Test. In terms of profitability, fourth quarter net income was $1.9 million or $0.03 per share.
OraSure Technologies, Inc. (NASDAQ: OSUR) announced that Dr. Stephen S. Tang, President and CEO, will present at the Raymond James 42nd Annual Institutional Investors Conference on March 3, 2021, at 10:00 AM EST. The presentation will be webcast live, allowing investors to tune in via the OraSure website. A replay will be available for 14 days post-event. OraSure provides point-of-care diagnostic tests and specimen collection solutions, aiming to enhance global health through accurate information.
OraSure Technologies (NASDAQ: OSUR) will hold its earnings conference call to discuss the 2020 fourth quarter financial results on March 1, 2021, at 5:00 PM ET. A press release detailing the financial results will be distributed at 4:01 PM ET, followed by the call at 5:00 PM ET. Investors can access the call via phone or webcast on OraSure’s investor relations page. A replay will be available shortly after the call and for 14 days via the specified phone numbers. For queries, contact Sam Martin at Argot Partners.
OraSure Technologies (NASDAQ: OSUR) announced that its OMNIgene®·ORAL saliva collection kit received Emergency Use Authorization (EUA) from the FDA for use in COVID-19 testing by Ambry Genetics. This marks the eighth EUA involving a self-collection device from its subsidiary DNA Genotek. The kit allows for non-invasive saliva collection, enhancing testing accessibility and reducing exposure risks. Kathleen Weber, from DNA Genotek, expressed pride in this achievement, highlighting the increased access and safety offered by their self-collection devices.
OraSure Technologies, Inc. (NASDAQ: OSUR) announced that its OMNIgene®·ORAL (OME-505) saliva collection device has received authorization from Health Canada for use in molecular diagnostic tests to detect SARS-CoV-2. This approval allows broader accessibility for COVID-19 testing, including at-home self-collection. The device is non-invasive, easing the testing process compared to traditional methods. In addition, OMNIgene®·ORAL has Emergency Use Authorization from the FDA and CE marking for use in the EU.
OraSure Technologies (NASDAQ: OSUR) announced that Chronomics Limited has chosen its OMNIgene®·ORAL saliva collection device for use in a COVID-19 PCR test as part of the UK’s 'Test to Release for International Travel' program. This program allows travelers to shorten quarantine durations through negative test results. The OMNIgene®·ORAL device has FDA Emergency Use Authorization and is CE marked for the EU. The collaboration emphasizes DNA Genotek's position as a leading provider of saliva-based COVID-19 testing solutions.
OraSure Technologies (NASDAQ: OSUR) announced that its Oragene®•Dx (OGD-610) saliva collection device has been included in the FDA's De Novo authorization for Helix's Helix® Laboratory Platform, the first of its kind for whole exome sequencing. Additionally, it is part of the 510(k) clearance for Helix's Genetic Health Risk App for late-onset Alzheimer's Disease. This authorization allows Helix to develop further tests for various diseases, highlighting the value of OraSure's FDA-cleared device in genetic testing.
OraSure Technologies (NASDAQ: OSUR) has announced that its 2021 Annual Meeting of Stockholders is set for May 18, 2021, at 10:00 a.m. EDT. Stockholders must be on record by March 26, 2021, to participate. The meeting will be held virtually via a live webcast. Details regarding the meeting will be provided later. OraSure, along with its subsidiaries, focuses on providing health solutions and diagnostics for critical medical conditions globally.
On January 5, 2021, OraSure Technologies (NASDAQ: OSUR) announced that Dr. Stephen S. Tang, President and CEO, will present at the 39th Annual J.P. Morgan Healthcare Conference. His speech is scheduled for January 12, 2021, at 2:50 PM EST, and will be available via a live webcast on the company's website. A replay will also be accessible for 14 days post-event. OraSure Technologies specializes in point-of-care diagnostic tests and specimen collection devices, aiming to improve global health through comprehensive solutions.
OraSure Technologies, Inc. (NASDAQ: OSUR) has announced that its OMNIgene®·ORAL collection device is included in an FDA Emergency Use Authorization amendment granted to 3B BlackBio Biotech. This allows for expanded saliva COVID-19 testing across the U.S. The amendment enables qualitative detection of SARS-CoV-2 nucleic acid in saliva from individuals suspected of infection. This is the seventh EUA incorporating a product from OraSure’s DNA Genotek subsidiary, enhancing testing capabilities amid ongoing demand.