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FDA Authorizes New High-Throughput, Automated System for Leading COVID-19 Test


FDA Authorizes New High-Throughput, Automated System for Leading COVID-19 Test
Thermo Fisher Scientific Inc. the world leader in serving science, today announced that the U.S. Food and Drug Administration has granted Emergency Use Authorization for the Thermo Fisher Scientific Amplitude Solution with the TaqPath COVID-19 High-Throughput Combo Kit. The Amplitude Solution enables clinical and public health laboratories to scale gold standard PCR testing and process up to 8,000 samples in a …
– Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, today announced that the U.S. Food and Drug Administration (FDA) has granted Emergency Use Authorization (EUA) for the Thermo Fisher Scientific Amplitude Solution with the TaqPath COVID-19 High-Throughput Combo Kit. ....

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Tecan reports significant growth in sales and profits in 2020 based on extraordinary demand for COVID-19 related products


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Surge in orders; order entry increased to CHF 855.2 million (2019: CHF 638.6 million)
Full-year growth
Growth trend further accelerated in the second half of the year
Sales of CHF 730.9 million (2019: CHF 636.8 million)
Full-year growth of 18.7% in local currencies and 14.8% in Swiss francs
Double-digit sales growth in both business segments for full year 2020
H2 sales growth of 27.8% in local currencies or 23.5% in Swiss francs
Reported operating profit before depreciation and amortization (EBITDA) of
CHF 159.1 million (2019: CHF 122.8 million)
Increase in reported EBITDA margin to 21.8% (2019: 19.3%)
Reported full-year net profit of CHF 103.7 million (2019: CHF 73.2 million)
Net profit margin 14.2% (2019: 11.5%)
Reported earnings per share increased by 40.6% to CHF 8.69 (2019: CHF 6.18) ....

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