Roche Gets Emergency Use Authorization for its Coronavirus Antibody Test

Roche Gets Emergency Use Authorization for its Coronavirus Antibody Test

The U.S. Food and Drug Administration has granted Roche an emergency use authorization (EUA) for Elecsys Anti-SARS-CoV-2 S test, according to Roche’s press release. The test will gauge an individual’s antibody response to coronavirus vaccines that could soon become available.

  • Roche’s tests will provide numerical results showing the concentration of antibodies and a qualitative result as a way to measure the “vaccine-induced immune responses.”
  • Clinical laboratories can run antibody tests on their own analytical units and receive results in about 18 minutes, with a test throughput of up to 300 tests per hour.
  • Roche’s test approval comes amid progress towards a mass rollout of vaccines from Pfizer, BioNTech, Moderna, and AstraZeneca.
  • On Wednesday, the U.K became the first country in the world to approve Pfizer and BioNTech vaccine for use.

Roche’s stock is currently gaining. RO: SWX is up 0.40%

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