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Monday, November 29, 2021

Co-Diagnostics: COVID Tests Not Affected by Heavily Mutated Omicron Variant

 Co-Diagnostics, Inc. (Nasdaq: CODX) (the "Company"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, reported today that none of the mutations in the heavily mutated SARS-CoV-2 variant recently discovered in Africa are predicted to interfere with any of the Company's suite of COVID-19 PCR diagnostic assays.

None of the mutations in the Omicron variant interfere with any of the Company's COVID-19 PCR diagnostic assays

The new coronavirus strain includes more than 50 mutations, over 30 of which are found on the virus's spike protein, the main target of the body's immune responses, and is currently being studied to determine whether the mutations lead to increased transmissibility or ability to evade the body's immune response. As countries moved to suspend flights from South Africa and other African countries, the World Health Organization (WHO) convened a special meeting on November 26 to discuss what the new variant of concern, designated as Omicron by the WHO, could mean for vaccines and treatments.

Co-Diagnostics successfully assessed the effectiveness of its existing line of COVID-19 PCR diagnostics against the Omicron variant using publicly available sequencing data in the GISAID database, and continues to monitor the performance of its tests as new variants are discovered.

https://finance.yahoo.com/news/co-diagnostics-inc-reports-suite-130000459.html

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