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Orasure Technologies
built 263 days ago
OraSure offers a full line of EIA test kits (MICROPLATE and AUTOLYTE ®) and oral fluid collection devices to insurance laboratory clients. These products are used to perform risk assessment testing of life insurance applicants and screen for drugs of abuse, nicotine use and therapeutic drugs.
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BETHLEHEM, Pa.--(BUSINESS WIRE)--OraSure Technologies, Inc. (NASDAQ:OSUR), a market leader in oral fluid diagnostics, today announced that it will host an Analyst Day meeting on Wednesday, November 28, 2007 in New York City, New York, at the NASDAQ MarketSite at Times Square. Presentations by OraSure
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In the fall of 2002, OraSure received approval from the FDA for its O raQuick Rapid HIV-1 test. The test was to be done with whole blood sa mples acquired from a finger-stick, and was cited as being highly acc urate. Clinical studies showed the test to have 99.6 percent accuracy in detecting positive samples and 100 percent accuracy in identifyin g negative samples. The results would be available in about 20 minute s, making it the fastest test of its kind.
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In the fall of 1999, Epitope reported that it was supplying the OraSure oral fluid collection device to seven of the top ten insurance companies in the United States. Those seven companies accounted for 21 percent of ordinary life insurance purchased in the United States in 1998. Epitope attributed that growth to the industry's increased comfort with oral fluid testing devices, cost efficiency as compared to blood testing, and the non-invasive aspect of the OraSure device.
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OraSure plans to ask the U.S. Food and Drug Administration for approval to sell OraQuick in outlets such as drug stores and supermarkets. So far, the product has been approved for only professional use by hospitals, doctor offices and clinics.
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OraSure Technologies, Inc. (“OraSure”) provides and maintains the web site (the “Site”) solely as an aid for teaching and learning of diagnostic and dermatological indications. It is not designed, nor is it intended to be used as artificial intelligence or a diagnostic tool. Use of this material for anything other than assistance in teaching or learning chemistry, biology, or dermatology, is neither encouraged nor endorsed by the authors nor management at OraSure.
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