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Pharma & Biotech

Co-Diagnostics says its Logix Smart ABC Test is authorized for use in Mexico

The InDRE, which is comparable to the US Centers for Disease Control and Prevention, is required to evaluate any test used to detect coronavirus (COVID-19) before the test may gain clearance to be sold into the Mexican healthcare market

Co-Diagnostics (NASDAQ:CODX) Inc has announced that its Logix Smart Influenza A/Influenza B/COVID-19 "ABC" Test has been approved for sale in Mexico by the Mexican Department of Epidemiology (InDRE) after the department successfully concluded an independent evaluation of the test's sensitivity and specificity for use as an RT-PCR multiplex test in that market.

The InDRE, which is comparable to the US Centers for Disease Control and Prevention (CDC), is required to evaluate any test used to detect coronavirus (COVID-19) before the test may gain clearance to be sold into the Mexican healthcare market, Co-Diagnostics (NASDAQ:CODX) said.

"Since being granted its CE marking last year, we have seen demand increase for our high-quality ABC multiplex diagnostic,” CEO Dwight Egan said in a statement.

“We expect that the ability to accurately and reliably differentiate between influenza A/B and COVID-19 will grow in importance after predictions by experts like the CDC that reduced population immunity due to lack of flu virus activity last year may now result in a severe flu season."

READ: Co-Diagnostics says its CoSara JV received regulatory clearance in India for Saragene dengue and chikungunya tests

The company said the Mexican approval and clearance in such an important healthcare market serves as further validation of the quality of its CoPrimer platform, and its commitment to increasing access to affordable, state-of-the-art diagnostics products around the world.

Contact the author at stephen.gunnion@proactiveinvestors.com

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