ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

QIAGEN Reaches Milestone With 100 Million QuantiFERON Tests Used to Detect TB

  • On World TB Day, milestone confirms blood test as gold standard in global fight against the disease
  • Accurate testing can help prevent 1.5 million TB deaths annually
  • QIAGEN expands QuantiFERON franchise to reach more patients suffering from TB and other diseases

QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today marked World TB Day by announcing its QuantiFERON blood test has been used to screen patients for tuberculosis (TB) infection more than 100 million times since its launch – an achievement that cements its status as the gold standard in the fight against this contagious and often deadly disease.

Used to test patients in over 130 countries, the fourth generation QuantiFERON®-TB Gold Plus assay identifies interferon-gamma released by T-cells following recognition of TB specific antigens as a marker of TB infection. Interferon gamma release assays (IGRA) require only one patient visit to a healthcare provider and are more accurate than the traditional two-visit skin test that has been used for over a century to detect the latent form of the infection.

“Accurate testing across the globe is crucial in the fight against this deadly, but eminently curable disease,” said Dr. Aamir Khan, Executive Director of IRD Global, an international health delivery and research organization. “10 million people developed active TB disease in 2020, and they could have been identified and treated before they developed clinical symptoms and transmissible infection. Today is World TB Day, a chance to remind the world that most of the 1.5 million annual deaths are avoidable.”

QuantiFERON is the leading IGRA blood test. It has established itself as a superior alternative to the tuberculin skin test, which, for example, struggles to accurately identify TB infections in people who have received BCG vaccinations. QuantiFERON sets itself apart from other IGRA tests with streamlined workflow and using whole blood samples, not purified lymphocytes. QuantiFERON®-TB Gold Plus has consistently shown a specificity of approximately 99%, providing confidence that it is detecting those truly infected.

“QIAGEN’s QuantiFERON technology renders the most accurate and reproducible results in TB testing – as hundreds of clinical and scientific studies have shown,” said Thierry Bernard, CEO of QIAGEN. “The milestone of 100 million tests is an important signal on World TB Day. We have the means to tackle TB – if the world again puts its mind to the task. Prior to the pandemic, TB was the world's leading infectious disease killer. If we want to succeed in our efforts to end TB by 2030, we need to ramp up again international funding for TB which has suffered significantly over the past two years.”

QuantiFERON is one of five pillars in QIAGEN’s growth strategy. In 2021, the company launched QIAreach QFT, a battery-operated portable version developed in partnership with Ellume that is specifically designed for use in the fight against TB in low resource, high burden countries. The test has been approved by the Global Fund’s Expert Review Panel Diagnostics (ERPD), which means it can now be procured by public health programs and institutions in more than 100 countries that qualify for Global Fund and/or UNITAID resources. It is also being made widely available through the Stop TB Partnership’s Global Drug Facility (GDF).

The role of QuantiFERON®-TB Gold Plus in fighting TB received a further boost in December 2021 when the US Food and Drug Administration removed limitations, following review of extensive data in the use of the test in patients with weakened immune systems, pregnant women and children. On top of this, QIAGEN is working with its partners to provide additional automation options that allow to reach more patients and to increase the number of diseases which the blood test can be used for – including SARS-CoV-2 and Lyme Disease.

Tuberculosis is a contagious bacterial infection spread primarily by coughing of patients with the active pulmonary form of the disease. In 2020, the World Health Organization (WHO) estimates that there were 10 million new cases of active TB worldwide and 1.5 million deaths from TB. In latent tuberculosis infection (LTBI), the bacterium infects a person but produces no symptoms unless it progresses to the active disease. On a global basis, approximately one out of four people are estimated to have latent TB infection, and about 5-10% of those individuals, if untreated, will progress to active tuberculosis at some point. Screening of high-risk individuals and treatment for LTBI plays an important role in tuberculosis control efforts in the U.S. and many European countries, as well as in other developed and emerging markets around the world.

For more information, please visit http://www.qiagen.com and https://www.quantiferon.com/.

About QIAGEN

QIAGEN N.V., a Netherlands-based holding company, is the leading global provider of Sample to Insight solutions that enable customers to gain valuable molecular insights from samples containing the building blocks of life. Our sample technologies isolate and process DNA, RNA and proteins from blood, tissue and other materials. Assay technologies make these biomolecules visible and ready for analysis. Bioinformatics software and knowledge bases interpret data to report relevant, actionable insights. Automation solutions tie these together in seamless and cost-effective workflows. QIAGEN provides solutions to more than 500,000 customers around the world in Molecular Diagnostics (human healthcare), Applied Testing (primarily forensics), Pharma (pharma and biotech companies) and Academia (life sciences research). As of December 31, 2021, QIAGEN employed more than 6,000 people in over 35 locations worldwide. Further information can be found at http://www.qiagen.com.

Forward-Looking Statement

Certain statements contained in this press release may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. To the extent that any of the statements contained herein relating to QIAGEN's products, collaborations markets, strategy or operating results, including without limitation its expected adjusted net sales and adjusted diluted earnings results, are forward-looking, such statements are based on current expectations and assumptions that involve a number of uncertainties and risks. Such uncertainties and risks include, but are not limited to, risks associated with management of growth and international operations (including the effects of currency fluctuations, regulatory processes and dependence on logistics), variability of operating results and allocations between customer classes, the commercial development of markets for our products to customers in academia, pharma, applied testing and molecular diagnostics; changing relationships with customers, suppliers and strategic partners; competition; rapid or unexpected changes in technologies; fluctuations in demand for QIAGEN's products (including fluctuations due to general economic conditions, the level and timing of customers' funding, budgets and other factors); our ability to obtain regulatory approval of our products; difficulties in successfully adapting QIAGEN's products to integrated solutions and producing such products; the ability of QIAGEN to identify and develop new products and to differentiate and protect our products from competitors' products; market acceptance of QIAGEN's new products and the integration of acquired technologies and businesses. For further information, please refer to the discussions in reports that QIAGEN has filed with, or furnished to, the U.S. Securities and Exchange Commission (SEC).

Source: QIAGEN N.V.

Category: Corporate

Contacts

Investor Relations

John Gilardi +49 2103 29 11711

Phoebe Loh +49 2103 29 11457

e-mail: ir@QIAGEN.com

Public Relations

Thomas Theuringer +49 2103 29 11826

e-mail: pr@QIAGEN.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.