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Co-Diagnostics, Inc. (CODX)

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9.53-0.49 (-4.89%)
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  • L
    Love America
    Co-Diagnostics JV CoSara Receives Clearance from Indian FDA for Chikungunya and Dengue Tests
    SALT LAKE CITY , Sept. 16, 2021 /PRNewswire/ -- Co-Diagnostics, Inc. (the "Company"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today that CoSara Diagnostics Pvt Ltd ("CoSara," or the "JV"), its joint venture for manufacturing and sales in India, has received clearance by the Central Drugs Standard Control Organization ("CDSCO") in India to manufacture and sell its Saragene™ dengue and chikungunya RT-PCR tests as in vitro diagnostics ("IVD").
  • L
    Love America
    The market is brutal today, does anyone have a spare portfolio tourniquet to loan out?
  • k
    ksea
    said a long time ago lateral flow test would be the future......and it's here!

    orasure test 98% accurate lateral flow type color bar test 15 min
    quidel corp 99% accurate with color change type lateral flow test 10 min

    no $300 home machine...no ordering test kit packages wait, and no waiting 12-24 hours for results

    as more and more companies create these home quick tests CODX will fall farther behind in sales and orders.

    Eikon is already dead technology
  • D
    David
    NYC schools will double student Covid-19 testing rate--to once a week.
  • x
    xu
    Interesting latest report on COVID-19 .. bats

    ###: https://gulfnews.com/special-reports/did-covid-19-originate-from-bats-scientists-close-to-pinpointing-the-cause-1.1631987545820

    Did COVID-19 originate from bats? Scientists close to pinpointing the cause

    Bats in Laos caves harbor closest relatives to COVID-19 virus
    Published: September 18, 2021 21:49 Bloomberg and Gulf News Report
    ###
  • x
    xu
    Once again .. @ksea (22,097 reactions) knowing telling misinformation outdated missing detail of up-to-date information ..

    "So we're in the middle, as I mentioned, of optimization and tests that we are getting ready for our eventual FDA EUA submission. We anticipate continuing those tests in our clinical trials early in Q4 and having a submission, hopefully, into the FDA before the end of Q4. This is, I think, a product that demands rapid response from government and other regulatory agencies.

    We will also be submitting, as fast as possible, to the European Union for CE marking, because as you know, we have vast distribution throughout the world.

    So it's not just a domestic market that we're targeting for the substantial market of the Eikon platform. But that's our current timetable."

    ###: CODX 2021 Q2 ER Call Transcript < https://docoh.com/transcript/1692415/2021Q2/CODX >
    :
    : The Eikon development continues at a rapid pace with various studies and optimizations in progress to prepare for FDA EUA submission. We believe that the addressable market for at-home and point-of-care diagnostic applications is considerable and we are optimistic about the potential contribution our new platform will have throughout the world not just for COVID but for many other diseases as well.
    :
    : So we're in the middle, as I mentioned, of optimization and tests that we are getting ready for our eventual FDA EUA submission. We anticipate continuing those tests in our clinical trials early in Q4 and having a submission, hopefully, into the FDA before the end of Q4. This is, I think, a product that demands rapid response from government and other regulatory agencies.
    :
    : In addition to centralized labs, the company's infectious disease vertical is also composed of the at-home and point-of-care market, which will be addressed by our forthcoming Eikon platform. The Eikon development continues at a rapid pace with various studies and optimizations in progress to prepare for FDA EUA submission. We believe that the addressable market for at-home and point-of-care diagnostic applications is considerable and we are optimistic about the potential contribution our new platform will have throughout the world not just for COVID but for many other diseases as well.
    :
    : Now it's very clear, you've got to go beyond that, because we know now from experience here and in other countries that you will have people who are asymptomatic, who get into contact with an asymptomatic person who's infected. And you'll know that there will be more infection, that otherwise would have gone undetected.
    :
    : So you're quite right, we need to do more testing." The company has also asserted that in order to normalize society that is to go back to school, to go back to work, to travel et cetera that regular testing with reliable protocols will need to be done. Earlier this week on NBC's Face the Nation Dr. Scott Gottlieb said, "The other thing schools should be doing is operationalizing testing on a regular basis." We believe that operationalizing testing on a regular basis will be required, wherever we intend to normalize and create safe schools, safe workplaces, restaurants, hotels, ships et cetera. The Eikon platform has been designed from the beginning, with the ability to operationalize testing on a regular basis in an, at-home and point-of-care settings. It is the optimal solution, not only for COVID, but for other infectious diseases that will be added to our testing menu overtime. It is inexpensive, fast and very importantly accurate, with gold standard PCR results. We believe that our history of remaining ahead of the curve since the onset of the pandemic will continue to drive this trajectory of growth.
    :
    ###
  • A
    Artur
    Nomi Health Actively Hiring More Than 200 Staff for TestUtah Mobile Testing Initiative via Expanded Partnership With the State

    Nomi Opens More Than a Dozen New Mobile Sites to Accommodate 300% Spike in Demand Over the Last Six Weeks

    Nomi’s COVID response platform is also used effectively in Iowa, Nebraska, Florida, Hawaii, Texas, Alabama and Colorado. The company uses U.S. Food & Drug Administration-authorized tests from Co-Diagnostics, Inc., and maintains the highest standards with ISO 270001, FedRAMP, HITRUST and HIPAA-compliant technology, and testing site materials. At the peak of COVID, Nomi was responsible for performing more than 50,000 tests a day throughout the nation.
  • k
    ksea
    This is NOT going to end well:

    CODX fighting to keep test results secret arguing that trade secrets will be released in Test Utah and Test Iowa seems that all they want to know is:

    1 how the tests results fared to posted results
    2 how several no bid contracts were awarded with public money for private gain
    3 why results are being withheld by two state governors

    Utah chose to stop using Codx tests during the height of pandemic
    Tennessee halted the use of CODX tests sighting "no confidence" in CODX tests
    Co-Diagnostics has attracted the attention of federal authorities.
    Rosen Law firm has class action lawsuits against Co-diagnostics:

    "The Complaint alleges that Defendants made continual, knowing and willful misstatements about their main product, a COVID-19 diagnostic test, to pump up the price of Co-Diagnostics, Inc.'s stock while the officers and directors exercised low priced options and dumped their stock into the market. Their fraudulent misstatements, and disregard for the basic scientific principles that make their falsity of their statements clear in retrospect, caused investors to lose millions of dollars."

    SALT LAKE CITY — Co-Diagnostics, the company sued because of allegations that it falsely claimed its test were "100 percent accurate" has asked the court to dismiss the lawsuit, new court records show.

    add:
    CEO from a defunct Cable Company with ZERO science background in genomics
    "Regents LLC" a possible slush fund stock holding company with 2 million shares co-owned by CEO's son and CEO
    Board member and advising council allegedly accused of running off shore "boiler room" operations for 2 previous companies
    a second board member that has been convicted of insurance fraud
    OLD Chief science officer and orig owner of CoDX stepped down from position to advisory position
    brand new CFO
  • x
    xu
    LOL once again ksea (22,119 reactions) knowingly telling lies for life for lies over lies covering lies .. all facts, really ??? now with more or less the same posts (Part-1, Part-2) repeating .. no news news but make-up news misinformation ..

    Fact Checked: Official SEC, FDA, legits, ..

    o SEC takes action on company with misinformation statements, especially related to COVID-19
    :- "Trading Suspension"
    :: < https://www.sec.gov/litigation/suspensions.htm >
    ::
    :- eg:"SEC Charges Biotech Company and CEO With Fraud Concerning COVID-19 Blood Testing Device"
    :: < DECN: https://www.sec.gov/news/press-release/2020-327 >

    o FDA takes action on faulty tests
    :- "Removal Lists of Tests That Should No Longer Be Used and/or Distributed for COVID-19: FAQs on Testing for SARS-CoV-2"
    :: < https://www.fda.gov/medical-devices/safety-communications/risk-false-results-curative-sars-cov-2-test-covid-19-fda-safety-communication >
    :
    :- eg: "Risk of False Results with the Curative SARS-Cov-2 Test for COVID-19: FDA Safety Communication"
    :: < https://www.fda.gov/medical-devices/safety-communications/risk-false-results-curative-sars-cov-2-test-covid-19-fda-safety-communication >

    o It is legal .. "no-bid" contract
    :- "Why Does the Government Sometimes Use No-Bid Contracts?"
    :: < https://www.profitableventure.com/government-use-no-bid-contracts/ >

    o It is legal .. Rights of Exemptions vs Freedom of Information Act (FOIA)
    :- "Since 1967, the Freedom of Information Act (FOIA) has provided the public the right to request access to records from any federal agency.
    :: It is often described as the law that keeps citizens in the know about their government. Federal agencies are required to disclose any
    :: information requested under the FOIA
    :: --> unless it falls under one of nine exemptions which protect interests such as personal privacy, national security, and law enforcement."
    :- < https://www.foia.gov/faq.html >

    So what news ???
    Official or Public with special interests like HR-Hedge-Short .. rumors/tabloid/make-up ..

    Better DD+D on own decisions on own choices on own risks,
    IN can .. HOLD can .. OUT can ..
    When DONE .. ACCEPT it .. MOVE on ..

    ###: @ksea .. Part-1

    This is NOT going to end well:

    CODX fighting to keep test results secret arguing that trade secrets will be released in Test Utah and Test Iowa seems that all they want to know is:

    1 how the tests results fared to posted results
    2 how several no bid contracts were awarded with public money for private gain
    3 why results are being withheld by two state governors

    Utah chose to stop using Codx tests during the height of pandemic
    Tennessee halted the use of CODX tests sighting "no confidence" in CODX tests
    Co-Diagnostics has attracted the attention of federal authorities.
    Rosen Law firm has class action lawsuits against Co-diagnostics:

    "The Complaint alleges that Defendants made continual, knowing and willful misstatements about their main product, a COVID-19 diagnostic test, to pump up the price of Co-Diagnostics, Inc.'s stock while the officers and directors exercised low priced options and dumped their stock into the market. Their fraudulent misstatements, and disregard for the basic scientific principles that make their falsity of their statements clear in retrospect, caused investors to lose millions of dollars."

    SALT LAKE CITY — Co-Diagnostics, the company sued because of allegations that it falsely claimed its test were "100 percent accurate" has asked the court to dismiss the lawsuit, new court records show.

    add:
    CEO from a defunct Cable Company with ZERO science background in genomics
    "Regents LLC" a possible slush fund stock holding company with 2 million shares co-owned by CEO's son and CEO
    Board member and advising council allegedly accused of running off shore "boiler room" operations for 2 previous companies
    a second board member that has been convicted of insurance fraud
    OLD Chief science officer and orig owner of CoDX stepped down from position to advisory position
    brand new CFO

    ###: @ksea .. Part-2

    4 hours ago
    all this info are public records and 100% facts you can look up in 5 mins so XUXU and his band of merry pumper alias can't retort LIES LIES! FAKE NEWS and all the other BS that he posts on here #$%$6 other ID'sjust

    ###
  • k
    ksea
    hold on today looks like a very bad day on the market ( flash crash?)
  • S
    Super
    What are the chances CODX could be an acquisition target? Coprimers seem like a leading edge PCR technique unmatched in accuracy.
  • c
    capt
    COVID Delta Variant May Become Completely Resistant To Vaccines Says Japanese Study
    September 15, 2021
  • x
    xu
    The written article very much tells the facts ..

    ###: https://www.vox.com/coronavirus-covid19/2021/9/1/22642745/us-covid-19-test-numbers-delta-variant

    Why can’t America fix its Covid-19 testing problems?

    US testing numbers have been consistently bad because there is no real strategy.
    By Dylan Scott
    Sep 1, 2021, 10:00am EDT

    ###
  • k
    ksea
    been digging around this morning looking for the answer to this question

    "so does anyone know of any other companies that are creating a single-test-at-a-time home/business machine something like this CODX Eikon device. I have not read of a single competition device being developed"

    doesn't that say something?....that the entire COVID test industry...over 500 companies,world wide...no one seems to be developing a single serve test machine like eikon......ask yourself why

    possible answer: it doesn't make any sense when quick disposable tests at serious % undercutting costs are the way of the future..... "it's a carburetor engine in a fuel injected world"
  • x
    xu
    LOL once again ksea (22,119 reactions) knowingly telling misinformation .. "what he isn't telling you is this "Data grab" will tell the effectiveness of CODX tests used by Nomi in test Iowa and test Utah. If the numbers don't add up then the quality and effectiveness of CODX tests will be revealed as either great or #$%$THIS IS THE MAIN REASON CODX DOESN'T WANT THE DATA RELEASED......the effectiveness of the CODX test has nothing to do with trade secrets......"

    DD+D on own decisions on own choices on own risks

    Interesting .. But But But ..

    FACT Checked:

    o Nomi Health
    :- has moved on to help support COVID-19 testings in other states serving local communities meeting demands and needs
    :- is back to Utah to help support the demands and needs < https://coronavirus.utah.gov/mobile-testing-locations/ >

    o CODX FDA EUA "Logix Smart™ Coronavirus 2019 (COVID-19) Test Kit" ..
    :- "Co-Diagnostics, Inc. Logix Smart Kit to be Used with Newly Authorized Saline Oral Rinse Collection"
    : < https://www.prnewswire.com/news-releases/co-diagnostics-inc-logix-smart-kit-to-be-used-with-newly-authorized-saline-oral-rinse-collection-301144627.html >
    :
    :- Additional links:
    : https://codiagnostics.com/products/diagnostic-solutions/logix-smart-covid19/
    : https://codiagnostics.com/wp-content/uploads/2021/09/RegulatoryBulletin_Sep-2021_Ref.20210903.pdf
  • D
    Dragonfly Ruby Tuesday
    Do your research @ksea @xu
    The people behind the lawsuit just may have other intentions than what is reported in the news. Start here:
    https://archive.sltrib.com/article.php?id=3800481&itype=CMSID
  • c
    capt
    Early Research Finds Extracts from Sweet Wormwood Plant Can Inhibit the COVID-19 Virus
    Laboratory Findings Suggest Artemisia Annua May Point to Treatment for SARS-CoV-2
    Bullish
  • x
    xu
    Nomi Health - Update, Frisco Independent School District, Texas

    ###: https://www.friscoisd.org/news/district-headlines/2021/09/16/students-and-staff-get-priority-access-to-free-covid-19-testing

    Students and Staff Get Priority Access to Free COVID-19 Testing
    Sep 16, 2021

    Frisco ISD is partnering with Nomi Health, a direct healthcare company coordinating COVID-19 testing and vaccination efforts across the country, to make sure students and staff have quick and convenient access to free PCR and antigen testing in the community.

    The Nomi Health COVID-19 rapid testing site located at the northwest corner of Technology Drive and World Cup Way now has a priority access line for Frisco ISD staff and students.

    Through the drive-thru testing center, individuals can get a PCR or antigen COVID-19 test via a nasal swab. The organization estimates that the PCR results will be returned in 24-48 hours and the antigen in about 1 hour.

    "We know the availability of COVID-19 testing plays an important role in response and mitigation efforts," said Brent Benningfield, FISD executive director of support services. “We are grateful that Nomi Health offered to provide a priority access line for our students and staff, which will benefit the health and safety of our campuses and the entire community.”

    ###