Chembio Diagnostics Reports Second Quarter 2020 Financial Results
Chembio Diagnostics, Inc. (CEMI)
Last chembio diagnostics, inc. earnings: 3/12 04:07 pm
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US:NASDAQ Investor Relations:
chembio.com/investors/investor-relations
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Source: GlobeNewswire
HAUPPAUGE, N.Y., Aug. 06, 2020 (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, 2020. Recent Accomplishments & Highlights Announced plans to seek U.S. Food and Drug Administration (FDA) Emergency Use Authorization (EUA) approval for a revised DPP COVID-19 IgM/IgG System in the third quarter and subsequently for the DPP COVID-19 Antigen SystemAwarded BARDA contract for $628,071 to assist in the development of, and an EUA application for, a DPP COVID-19 Antigen SystemReceived FDA 510(k) clearance for DPP Zika IgM System, including the first FDA approval for the company’s Micro ReaderReceived $1.5 million order from UNICEF for additional multiplex DPP Zika, Chikungunya and Dengue SystemsStrengthened the balance sheet with $28.4 million of net proceeds raised in a public offering of common stock “Despite challenging circumstances in
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