CEMI Chembio Diagnostics Inc.

Chembio Diagnostics and Stony Brook Medicine Collaborate to Identify Coronavirus Survivors

Chembio Diagnostics and Stony Brook Medicine Collaborate to Identify Coronavirus Survivors

HAUPPAUGE, N.Y., April 09, 2020 (GLOBE NEWSWIRE) -- Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostic company focused on infectious diseases, today announced its DPP COVID-19 serological point-of-care test for the detection of IgM and IgG antibodies has been selected for use in a Stony Brook Medicine effort to recruit patients who have recovered from COVID-19 infection. The study is intended to determine if convalescent blood plasma, the plasma from people who have recovered from COVID-19, can help treat hospitalized patients with active COVID-19 infection. In early April, Stony Brook University Hospital received FDA approval to offer convalescent blood plasma treatment to its patients through a randomized, controlled study and is expected to enroll up to 500 patients from the Long Island area. The Chembio DPP COVID-19 test is being used to confirm that patients were infected with COVID-19 and now have adequate levels of IgG antibodies to make them eligible to donate convalescent plasma.

“We are fast-tracking this large-scale clinical trial, as every second counts when seeking lifesaving treatment for these critically ill patients,” said Elliott Bennett-Guerrero, MD, Medical Director, Perioperative Quality and Patient Safety and Professor and Vice Chair, Clinical Research and Innovation, Department of Anesthesiology at Stony Brook Medicine. “The study will assess the safety and efficacy of convalescent plasma versus standard plasma in hospitalized adult patients with a confirmed COVID-19 diagnosis.”

“Our collaboration with Stony Brook Medicine on this important study represents the next step in our COVID-19 initiative, which includes our earlier receipt of authorization to market and sell the DPP COVID-19 IgM and IgG assay system in the United States through the FDA notification process,” stated Javan Esfandiari, Executive Vice President and Chief Science & Technology Officer of Chembio. “We are pleased that our unique and proprietary DPP technology, which can separately and simultaneously detect and measure IgM and IgG antibodies specific to COVID-19, is the assay of choice for Stony Brook Medicine.”

“Our patented technology uses one of two analyzers produced by Chembio, known as MR1 and MR2, to read the test results for both IgM and IgG antibodies from finger stick blood in 15 minutes and gives a numerical result related to the amount of antibody in the sample,” said Esfandiari. “This eliminates the individual subjectivity of results and increases the sensitivity and specificity of the test.”

To learn more please view the Stony Brook Medicine .

About Chembio Diagnostics

Chembio is a leading point-of-care diagnostics company focused on detecting and diagnosing infectious diseases. The company’s patented DPP technology platform, which uses a small drop of blood from the fingertip, provides high-quality, cost-effective results in approximately 15 minutes. Coupled with Chembio’s extensive scientific expertise, its novel DPP technology offers broad market applications beyond infectious disease, a number of which applications are under active development with collaboration partners. Chembio’s products are sold globally, directly and through distributors, to hospitals and clinics, physician offices, clinical laboratories, public health organizations, government agencies, and consumers. Learn more at

DPP is Chembio’s registered trademark. For convenience, this trademark appears in this release without ® symbols, but that practice does not mean that Chembio will not assert, to the fullest extent under applicable law, its rights to the trademark.

Contact:  

Philip Taylor

Gilmartin Group

(415) 937-5406

EN
09/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Chembio Diagnostics Inc.

 PRESS RELEASE

Biosynex Completes Acquisition of Chembio Diagnostics, Inc.

Biosynex Completes Acquisition of Chembio Diagnostics, Inc. Chembio Diagnostics, Inc. becomes the first North American structure controlled by Biosynex in North America STRASBOURG, France, April 27, 2023 (GLOBE NEWSWIRE) -- Biosynex SA (“Biosynex”) (EPA: ALBIO), a French market leader specializing in the design and distribution of rapid tests, today announced it has completed its acquisition of Chembio Diagnostics, Inc. (“Chembio”), a leading point-of-care diagnostics company focused on infectious diseases. Chembio is now part of Biosynex Group. The complementary nature of the technologi...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Daily Ratings Report: April 25, 2023

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Daily Ratings Report: April 20, 2023

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Chembio Stockholders Urged to Tender Shares Before 6:00 P.M., New York...

Chembio Stockholders Urged to Tender Shares Before 6:00 P.M., New York City Time, on April 26, 2023 Failure to tender shares could result in the termination of the proposed merger between Chembio and Biosynex MEDFORD, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today released the following letter to stockholders concerning the pending tender offer by Biosynex SA. April 19, 2023 Fellow Chembio Stockholders, We strongly urge you to tender your shares of common stock ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch