GlobeNewswire by notified

LumiraDx Continues Commercial Expansion of its Rapid Microfluidic Immunoassay HbA1c Test

Share

Now Available in Europe, parts of the Middle East, Asia, Latin America, and Africa

  • Early customers include GP offices and other community-based healthcare settings
  • Latest figures, released as part of World Diabetes Day, reveal that 1 in 10 adults are now living with diabetes and nearly half are undiagnosed1
  • The LumiraDx HbA1c test is designed to address the growing clinical need for accessible and reliable HbA1c testing in community-based healthcare settings such as primary care, diabetes clinics, rural clinics, retail pharmacy & other decentralised healthcare settings
  • The actively controlled microfluidic immunoassay is run on the highly portable LumiraDx Platform and designed for near-patient testing with connected results in under seven minutes
  • The addition of HbA1c to the rapidly growing LumiraDx test menu, enables the consolidation of multiple instruments to a single, next-generation point of care Platform; all with a common workflow

LONDON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care diagnostics company, today announced the continued commercial expansion of its HbA1c test, for professional use across multiple care settings. Used alongside the LumiraDx Platform, the test monitors known diabetic patients’ HbA1c levels and also serves as an aid in screening and identifying patients who may be at risk for developing diabetes. Providing results in under seven minutes from sample application, the test allows improved efficiency and convenience with on-the-spot diabetes screening and monitoring at the patient’s side. The company announced the assay had achieved CE marking in late May of this year.

Today’s announcement comes on the heels of today’s World Diabetes Day which called attention to recent figures from the IDF Diabetes Atlas that 1 in 10 adults now have diabetes and nearly 1 in 2 are undiagnosed. 1 The portability and flexibility of the LumiraDx Platform enables the LumiraDx HbA1c test to address the growing clinical need for accessible and reliable HbA1c testing in the community healthcare setting to aid in quicker clinical decision making. The LumiraDx HbA1c test has a reportable range of 20 - 130 mmol/mol HbA1c (4.0 - 14.0% HbA1c). In an external, multi-site clinical study, the test achieved precision, expressed as mean paired replicate %CV, of ≤2.50% (NGSP) in both capillary and venous whole blood.

David Walton, LumiraDx’s Chief Commercial Officer commented, “As the global prevalence of diabetes is increasing, it’s critical for healthcare professionals to have access to rapid and reliable HbA1c results. The availability of an immediate, lab-comparable HbA1c test has been shown to improve patient outcomes through improved diabetes management. 2,3 In addition, there are a number of well-known comorbidities associated with diabetes. These are supported through our multi-assay testing Platform - including tests for cardiac biomarkers, coagulation, and inflammation- making the LumiraDx Platform an ideal tool for improving patient outcomes within the community healthcare setting.”

Professor Garry John, Consultant Clinical Biochemist, Norfolk and Norwich University Hospital, current Secretary of the IFCC Executive Committee of the Scientific Division (SD) and former Chairperson of the IFCC Working Group for the Global Standardisation of HbA1c, Honorary Professor, Norwich Medical School (UEA), explained, “Decentralised diabetes testing allows people to go to their GP or pharmacy and have these tests done there. This is important because it allows individuals to see their results immediately and therefore encourages them to achieve the target set out for them. It also enables the healthcare provider to be reassured that the level of improvement or control is a true representation of the metabolic situation.” He continued, “Basic laboratory support for clinical colleagues providing healthcare is fundamental; anything that allows our clinical teams to gather the complete information they need on the patient they are dealing with at that point in time is central to good metabolic control.”

Johannes Pachler, Managing Director of Leupamed Medizintechnik GmbH, a leading medical equipment supplier in Austria, commented, “The HbA1c test is a welcome addition to the LumiraDx Platform for our customers, which includes more than 100 LumiraDx Platforms used by GPs and internal medicine groups. We know there is tremendous value for clinicians being able to share immediate results with patients - this is particularly true for the monitoring and screening of diabetes. The intuitive nature of the Platform and the accurate results of the HbA1c test make it an important tool for diabetes management and clinicians are already seeing the positive impact the test can make on patient care.”

About LumiraDx
LumiraDx Limited (Nasdaq: LMDX) is next-generation point of care diagnostics company that is transforming community-based healthcare. Its actively controlled microfluidic technology provides fast, high performance and accessible diagnostic solutions wherever the patient is for nearly any testing scenario, creating unique testing options at the point of need.

The company offers a broad menu of lab comparable tests on a single portable Platform, with more than 30 assays on the market and in the pipeline, covering infectious diseases, cardiovascular diseases, diabetes, and coagulation disorders. The company also supports high-complexity laboratory testing in an accessible high-throughput format to leverage current molecular laboratory operations. 

Founded in 2014 and based in the UK, LumiraDx’s diagnostic testing solutions are being deployed globally by governments and leading healthcare institutions across laboratories, urgent care, physician offices, pharmacies, schools, and workplaces to help screen, diagnose, and monitor wellness as well as disease.

More information on LumiraDx is available at www.lumiradx.com. 

References:
1: worlddiabetesday.org/about/facts-figures/
2: diabetesjournals.org/care/article/22/11/1785/19794/Immediate-feedback-of-HbA1c-levels-improves
3. www.ncbi.nlm.nih.gov/pmc/articles/PMC4933534/

Contact:
Colleen McMillen
Colleen.McMillen@lumiradx.com
+1.917.344.9360

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e24265c7-f665-478a-92bd-b0f8f1bf9b53

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Moody’s assigns Aaa rating to Bank of Åland Plc’s CBA Covered Bond Program and all the currently outstanding Covered Bonds under the Program26.4.2024 11:20:00 CEST | Press release

Bank of Åland Plc Stock exchange release April 26, 2024, 12.20 EET Moody’s assigns Aaa rating to Bank of Åland Plc’s CBA Covered Bond Program and all the currently outstanding Covered Bonds under the Program Rating agency Moody’s Ratings (Moody’s) has today assigned first time ratings of Aaa to the Bank of Åland Plc’s (Ålandsbanken Abp) CBA Covered Bond Program and all the outstanding Covered Bonds under the Program (ISIN numbers of the Bonds: FI4000490677, FI4000549548 and FI4000566351). The ratings confirm our qualitative granting of credits within the Bank of Åland’s Covered Bond Program as well as gives a good picture of the Bank of Åland as an investment, comments Bank of Åland’s Managing Director and Chief Executive Peter Wiklöf. For further information, please contact: Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland Plc, tel +358 40 512 7505 https://www.alandsbanken.com/about-us/debt-investors/rating

Moody's ger Ålandsbanken Aaa i kreditbetyg för sitt program för CBA säkerställda obligationer och för alla säkerställda obligationer emitterade under programmet26.4.2024 11:20:00 CEST | Pressemelding

Ålandsbanken Abp Börsmeddelande 26.4.2024 kl. 12.20 EET Moody's ger Ålandsbanken Aaa i kreditbetyg för sitt program för CBA säkerställda obligationer och för alla säkerställda obligationer emitterade under programmet Ratinginstitutet Moody’s Ratings (Moody’s) har idag för första gången utfärdat kreditbetyg Aaa för Ålandsbanken Abp:s program för CBA säkerställda obligationer och för alla säkerställda obligationer emitterade under programmet (obligationernas ISIN-nummer FI4000490677, FI4000549548 och FI4000566351). Betyget bekräftar vår kvalitativa kreditgivning inom Ålandsbankens program för säkerställda obligationer samt ger en god bild av Ålandsbanken som investeringsobjekt, kommenterar Ålandsbankens Vd och koncernchef Peter Wiklöf. Ytterligare information: Peter Wiklöf, Vd och koncernchef, Ålandsbanken Abp, tfn +358 40 512 7505 https://www.alandsbanken.com/about-us/debt-investors/rating

Åsa Vilsson ny CFO på Elanders26.4.2024 11:00:00 CEST | Pressemelding

Åsa Vilsson har utsetts till ny CFO på Elanders. Hon kommer närmast från rollen som koncernredovisningsansvarig på Elanders och har sedan februari 2024 varit tillförordnad CFO. Åsa tillträder sin roll som CFO och medlem av Elanders koncernledning idag 26 april 2024. Åsa har en bred redovisningsbakgrund och en ekonomie magisterexamen vid Internationella Handelshögskolan i Jönköping. Jag är väldigt glad över att Åsa valt att tacka ja till rollen som CFO och att vi kan tillsätta en så viktig funktion internt, säger Magnus Nilsson, VD och koncernchef. Åsa Vilsson efterträder Andréas Wikner som lämnar Elanders på grund av familjeskäl. Andréas tillträdde rollen som CFO under 2010 och har sedan dess haft en betydande roll i utvecklingen av Elanders. Andréas har bidragit med sin gedigna kompetens och har varit en enorm tillgång för bolaget. Andréas har varit en mycket uppskattad kollega och jag vill framföra ett stort tack till Andréas för det viktiga arbete han utfört under sina år på Elander

Åsa Vilsson new CFO at Elanders26.4.2024 11:00:00 CEST | Press release

Åsa Vilsson has been appointed as the new CFO of Elanders. She most recently served as Vice President of Group Finance at Elanders and has been acting CFO since February 2024. Åsa will enter the role as CFO and member of Elanders’ Group Management today, April 26, 2024. Åsa has a broad background in accounting and a master’s degree in business and economics from Jönköping International Business School. I am very pleased that Åsa has chosen to accept the role as CFO and that we can fill such an important function internally, says Magnus Nilsson, President and CEO. Åsa Vilsson succeeds Andréas Wikner, who is leaving Elanders due to family reasons. Andréas assumed the role of CFO in 2010 and has since had a significant role in the development of Elanders. Andréas has contributed with his solid expertise and has been a huge asset to the company. Andréas has been a much appreciated colleague and I would like to express my sincere thanks to Andréas for the important work he has done during h

HiddenA line styled icon from Orion Icon Library.Eye