Chembio Diagnostics Reports Second Quarter 2019 Financial Results
Chembio Diagnostics, Inc. (CEMI)
Last chembio diagnostics, inc. earnings: 3/12 04:07 pm
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Source: GlobeNewswire
MEDFORD, N.Y., Aug. 06, 2019 (GLOBE NEWSWIRE) -- Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today reported financial results for the quarter ended June 30, 2019. Recent Accomplishments & Highlights Achieved total revenue of $9.6 million for the second quarter of 2019, representing growth of 10% compared to the prior year period;Entered collaboration with Takeda, a global Pharmaceutical Company, to develop a novel point-of-care diagnostic test for an undisclosed biomarker;Received CE Mark for DPP Zika, Dengue, Chikungunya multiplex test; andReceived ANVISA approval for DPP Dengue test. “Our second quarter results demonstrate sustained performance in our core infectious disease business,” said John Sperzel, Chembio’s Chief Executive Officer. “We continue to make advancements positioning our business for growth on multiple fronts. We are expanding commercialization through additional product regulatory approv
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