Todos Medical Announces US FDA Emergency Use

New Post Public Reply Private Reply Replies (0) Message Board
Mauibound
418

Todos Medical Announces US FDA Emergency Use Authorization Allowed for Gnomegen COVID-19 PCR Test Kits

 Download as PDFAPRIL 21, 2020 9:11AM EDT

Gibraltar Brothers & Associates, LLC has entered into agreements with Gnomegen, LLC to supply Todos with its proprietary Real Time digital PCR Test Kits for COVID-19

REHOVOT, Israel, SINGAPORE and NEW YORK, NY, April 21, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Todos Medical Ltd. (OTCQB: TOMDF), a commercial in vitro diagnostics company focused on the development of blood tests for the early detection of cancer and neurodegenerative disorders, as well as point-of-care and lab-based tests for COVID-19, today announced that Gnomegen LLC (“Gnomegen”) has received Emergency Use Authorization (“EUA”) from the US Food & Drug Administration (FDA) for its real-time digital polymerase chain reaction (RT-Digital PCR Detection) diagnostic test for COVID-19. Gibraltar Brothers & Associates, LLC, a US-based subsidiary of Shanghai Liangrun Biomedicine Technology Co., has added Gnomegen as a supplier of PCR Test Kits to Todos under Gibraltar’s existing agreements with Todos, thereby allowing Todos to use the Gnomegen PCR Test Kits for its CLIA laboratory services business, as well as for distribution through Todos’ network. 

Todos is currently validating Gnomegen’s PCR Test Kits in its partner CLIA lab (Provista) where it is also in validation for automated extraction machines to achieve High Throughput status with Centers for Medicare and Medicaid Services (CMS). On April 15, 2020, CMS increased its payment rates for High-Throughput SARS-CoV-2 diagnostic tests that use high-throughput technologies allowing for increased capacity and faster results to $100 per test. A High-Throughput testing lab can process at least 200 specimens per day using “highly-sophisticated equipment that requires specially trained technicians and more more-intensive processes to assure quality,” according to CMS. Provista expects that it can scale up to a capacity of up to 2,000 PCR diagnostic tests per day in May 2020. Provista intends to offer lab services for customers who utilize a variety sample collection methods, including oropharyngeal, nasopharyngeal, stool and saliva.

“We are very pleased to see Gnomegen’s PCR Test Kits achieve EUA status with the US FDA,” said Gerald Commissiong, President & CEO of Todos. “Gnomegen’s highly sensitive RT Digital PCR test kits are especially promising given the high sensitivity for RT digital PCR. This will be a great addition to our partner 3D Med’s automated extraction machine which allows for significantly increased throughput over traditional lab workflows. We expect to begin offering PCR services in May to qualified customers with a view towards being a lab partner of choice for our antibody test kit customers who need confirmatory results.”
https://investor.todosmedical.com/news-events...horization

Amarantus Bioscience Holdings (AMBS) Stock Research Links

AMBS Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Fresh Leadership at Master Group: Langelier Steps In

Updated Category News Views 1

Changing of the Guard: A Calculated Move It's not every day you see a company make a move as calculated and thoughtful as the one the Master Group just pulled. Rémy Langelier is set to transition into the shoes of CEO by early 2027, fresh off the heels of Louis St-Laurent. This isn't just any executive shuffle, folks—it's a strategic baton pass spawning an investment...

Continue Reading
SaponiQ Reinvents Body Care with Botanical Soap Bars

Updated Category News Views 4

Breaking Through with Simple Innovation I'll be the first to say it's not every day you hear about a soap company trying to shake things up in body care like it’s a tech startup, but here’s SaponiQ taking a wild swing at it with their lineup of botanical cleansing bars. These things are whipped up in their own U.S.-based facility using some fancy cold-process...

Continue Reading
New Tools Arm Manufacturers in Additive Arena

Updated Category News Views 2

Diving Headfirst into Additive Manufacturing Standards Additive manufacturing (AM)—it's not just another tech buzzword. It's revolutionizing everything from life-saving medical devices to cutting-edge aerospace components. But as with any game-changing innovation, there's a wild west era before standards reign in the chaos. Enter ANSI and America Makes, offering new...

Continue Reading
Sports Research Joins Costco: Creatine Mix Available

Updated Category News Views 1

Breaking Into the Big League: Sports Research Hits Costco When a company's product finds its way onto Costco's shelves, you know they're not just playing in the minor leagues anymore. This October, Sports Research® made a bold move into the retail giant's sports nutrition section with their new Creatine + Electrolytes powder. It's not their first rodeo when it comes to...

Continue Reading
Wisconsin Chefs Transform Pizza with Crave Brothers Cheese

Updated Category News Views 1

Reimagining Pizza with Wisconsin's Best Cheeses It's not every day you see a pizza challenge that turns a staple of Friday nights into a gastronomic showcase. But that's exactly what's happening in Wisconsin as chefs flex their creativity using Crave Brothers Farmstead Cheese. This is no ordinary cheese-and-pepperoni affair—these culinary pros are cooking up pizzas with...

Continue Reading
MiniCo's New Desk: A Game Changer for E&S Market

Updated Category News Views 3

A New Chapter in Industrial Casualty Look out, folks! MiniCo Insurance Agency is making waves with its latest launch. They're teaming up with Lloyd's of London, not to sell fish and chips, but to bring something groundbreaking in the insurance space—an industrial casualty trading desk. And if you’re raising an eyebrow wondering why this matters, let me break it down...

Continue Reading
Rochester Memorial Installations: Key Timelines Revealed

Updated Category News Views 3

There are times in life where patience isn’t just a virtue, it’s a necessity—memorial installations are one of those instances. In Rochester, NY, folks dealing with the loss of a loved one want more than just closures; they want to commemorate their people in a way that lasts. But how long does it take, really, to set these tributes in stone? Understanding the...

Continue Reading
Karen Love's Retirement Marks End of an Era for TACHP

Updated Category News Views 1

A Legacy Not Just Built, But Carved in Stone In the world of healthcare, folks like Karen Love don’t come around too often. She's stepping down from her post as President and CEO of Cook Children's Health Plan this month, and it feels like the end of a chapter for the Texas Association of Community Health Plans (TACHP). Love wasn't just an executive; she was a mover and...

Continue Reading
Ultrabench Revolutionizes AI Model Comparison Game

Updated Category News Views 3

Breaking Down the Messy AI Model Landscape Ultrabench.ai is here to drag AI model comparison out of the dark ages. Picture this: 309 AI models, ranked against a whopping 530 benchmarks, all served up on one plate. If you’re navigating the AI jungle, you’ll realize how Ultrabench is no small fish in this vast ocean. Consolidating Where Others Have Scattered There's a...

Continue Reading
Fiber Giants Unite to Boost Connectivity in Montana

Updated Category News Views 2

Montana's Broadband Transformation Takes a Leap Folks in Northwest Montana, take note. Vero Fiber and MontanaSky have tied the knot, officially sealing a merger that doesn't just unite two reputable broadband providers but promises to shake up the internet game across the region. Just ask anyone who's tried to stream a movie during peak hours in Flathead Valley. A...

Continue Reading

Top 5 Most Recently Viewed Articles

Stacks Cryptocurrency Faces Decline Amid Volatile Market

Updated Category News Views 76

Stacks Cryptocurrency Experiences Value Decline Recently, Stacks (STX) has faced a significant decline in its price, dropping by 3.79% to a current value of $1.41. This decline continues a downward trend, with the price having fallen by 12.0% over the past week, decreasing from $1.60 to its present level. Analyzing Stacks' Volatility A closer examination of the price...

Continue Reading
Lifeward's Step Challenge Raises Funds for Spinal Injury Support

Updated Category News Views 108

Lifeward's Inspiring Step Challenge Supports the Spinal Injury Community Lifeward™, a leader in rehabilitation technology, has successfully wrapped up its first-ever ReWalk Step Challenge 2024. This event brought together the community of ReWalk Personal Exoskeleton users for a month-long effort focused on taking as many steps as possible while raising funds for a...

Continue Reading
Discover Metagenics' HerWellness™ Line for Women's Health

Updated Category News Views 263

Metagenics Launches Innovative HerWellness™ Product Line In a groundbreaking move aimed at enhancing women's hormonal health, Metagenics® introduces the HerWellness™ line, which focuses on natural approaches to hormone balance across different life stages. The brand, known for its doctor-recommended supplements, aims not only to offer products but to empower women...

Continue Reading
On Performance Sportswear to Announce Q4 and Year-End Results

Updated Category News Views 125

On to Announce Fourth Quarter and Full Year Financial Results On (NYSE: ONON), a notable name in the performance sportswear sector, is gearing up to share its financial performance for the fourth quarter and entire year of 2024. This eagerly anticipated announcement is scheduled for a Tuesday morning, just before the U.S. markets open. Enthusiasts and investors alike are...

Continue Reading
TESCO's Certifications Bolster Utilities' Trust: ISO Marks Shine

Updated Category News Views 17

Confidence in Every Meter The drumbeat on the street these days is about certified quality, and TESCO's got its tune down pat. They've stacked up ISO 9001, ISO 17025, and ISO/IEC 27001 certifications like a pro gambler's winning hand in Las Vegas. It's a move that screams to the utility sector: 'trust us, we're the real deal.' This ain't some fluff—they're trading in...

Continue Reading