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Stock impact report

Fulgent Genetics Announces Launch of Next Generation Sequencing (NGS) Test to Detect Coronavirus Disease (COVID-19)

Fulgent Genetics, Inc. (FLGT) 
Last fulgent genetics, inc. earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.fulgentgenetics.com
Company Research Source: GlobeNewswire
TEMPLE CITY, Calif., March 17, 2020 (GLOBE NEWSWIRE) -- Fulgent Genetics, Inc. (NASDAQ: FLGT) (“Fulgent Genetics” or the “company”), a provider of comprehensive genetic testing and Next Generation Sequencing (“NGS”) solutions, today announced the launch of a Next Generation Sequencing based test for the Coronavirus Disease (COVID-19). Fulgent’s NGS test will be one of the market’s first diagnostic tests for the COVID-19 virus developed based on NGS technology. Fulgent and MedScan will begin accepting specimens for testing this week from healthcare providers, clinics and reference labs. Built on advanced Next Generation Sequencing (NGS) technology, Fulgent’s COVID-19 test will be more comprehensive compared to Reverse Transcriptase-Polymerase Chain Reaction (“RT-PCR”) tests on the market. Fulgent’s test will sequence the entire viral genome, creating hundreds of targets versus just a few for RT-PCR tests. In addition, Fulgent’s test will not be limited by a shortage of reagents, whi Show less Read more
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