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TECH

Bio-Techne

$168.32 /

-2 (-1.17%)

09:28
03/25/20
03/25
09:28
03/25/20
09:28

Bio-Techne's Ella panel utilized in COVID-19 patient monitoring

Bio-Techne shared news from clinical partners on the use of the ProteinSimple-branded Ella Automated Immunoassay platform in the fight against COVID-19. The Icahn School of Medicine, Mount Sinai announced that they are utilizing Bio-Techne's Ella Automated Immunoassay Platform to monitor individual immune responses to COVID-19. Specifically, the Ella Cytokine Storm Panel is being used to detect Cytokine Release Syndrome in real-time. Cytokine Release Syndrome represents a critical point in individuals with severe COVID-19 disease where immune molecules, called cytokines, attack the patient's organs, representing a critical and potentially fatal point in disease management. The test results are available in a few hours and can be repeated throughout the course of care to help guide hospital care and to measure the response to experimental drugs given in clinical trials for COVID-19 patients. "Ella is a potentially important tool for monitoring and saving patients who are infected by COVID-19," commented CEO Chuck Kummeth. "The Ella Cytokine Storm Panel has the potential to enable front line healthcare workers to triage high-risk COVID-19 patients in real-time, guide hospital care and to measure responses to experimental clinical trial drugs. Ella joins several other products Bio-Techne has deployed to combat COVID-19, including RNAscope for detection of coronavirus in tissue and antibodies for vaccine development. We are focused on leveraging our deep portfolio and developing new tools to enable solutions for this rapidly evolving pandemic." Bio-Techne is investing in both near-term and long-term efforts to enable broader clinical adoption of Ella and expand beyond its current Research Use Only status. This includes partnering with clinical research customers to pursue Emergency Use Authorization status for COVID-19 testing in key regions.

TECH Bio-Techne
$168.32 /

-2 (-1.17%)

02/24/20 Eight Capital
Bio-Techne downgraded to Neutral from Buy at Eight Capital
01/08/20 Stephens
Bio-Techne resumed with an Overweight at Stephens
01/07/20 Wells Fargo
Bio-Techne initiated with an Equal Weight at Wells Fargo
01/06/20 Citi
Bio-Techne initiated with a Neutral at Citi

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