Printer Friendly
The Free Library
5,677,996 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Meridian Bioscience Launches New Flu Test for Physician Offices.


Business Editors/Health/Medical Writers

BIOWIRE2K

CINCINNATI--(BUSINESS WIRE)--Dec. 11, 2003

Meridian Bioscience, Inc. (Nasdaq:VIVO (Video In Video Out) Refers to a display adapter with analog video capture and analog video out (NTSC out) capabilities. See display adapter. ) today announced that it has begun marketing a new physician's office Influenza A&B Test. This rapid test is simple enough to be performed in physicians' offices and small labs. The new product expands Meridian's influenza and RSV RSV respiratory syncytial virus; Rous sarcoma virus.

RSV
abbr.
respiratory syncytial virus


RSV 1 Respiratory syncytial virus, see there 2 Rous sarcoma virus, see there
 testing lines that continue to be in high demand and have been sold to hospital labs for the past two years. This rapid physician's office flu test differentiates between the A and B strains of influenza. Meridian Bioscience is pleased to announce that Cardinal Health <includeonly></includeonly>

Cardinal Health (NYSE: CAH) is a premier, global healthcare company dedicated to making healthcare safer and more productive. Overview
Headquartered in Dublin, Ohio, Cardinal Health, Inc.
, with over 260 dedicated physician office representatives, will distribute these products in addition to other select distributors.

Influenza outbreaks have been a significant problem this season. The National Center for Infectious Diseases stated in its most recent Influenza Summary Update, "Influenza activity in the United States continued to increase during week 48 (November 23-29, 2003). One thousand three hundred nine (39.1%) of 3,350 specimens collected from throughout the United States and tested by U.S. World Health Organization (WHO) and National Respiratory and Enteric Virus enteric virus
n.
See enterovirus.
 Surveillance System (NREVSS NREVSS National Respiratory and Enteric Virus Surveillance System ) collaborating laboratories were positive for influenza. The proportion of patient visits to sentinel providers for influenza-like illness (ILI) overall was 5.1%, which is above the national baseline of 2.5%. The proportion of deaths attributed to pneumonia and influenza was 6.5%, which is below the epidemic threshold for the week. Thirteen state health departments reported widespread influenza activity, 16 states and New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 reported regional activity, 6 states reported local influenza activity, 13 states, Guam, and Puerto Rico reported sporadic influenza activity, and 1 state and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States).  reported no influenza activity."

Previously, on November 17, 2003, the Centers for Disease Control and Prevention Centers for Disease Control and Prevention (CDC), agency of the U.S. Public Health Service since 1973, with headquarters in Atlanta; it was established in 1946 as the Communicable Disease Center.  (CDC See Control Data, century date change and Back Orifice.

CDC - Control Data Corporation
) warned that the country may be in for a more severe flu season than in the previous three years. CDC Director Dr. Julie Gerberding stated, "First, it's early in the season and flu viruses are circulating at a higher level than usual at this time and second, the group of influenza viruses circulating this year has in previous years caused a lot of people to become ill and to develop complications."

Jack Kraeutler, President and COO said, "We are pleased to be able to provide accurate, easy to use diagnostic products to physician offices during the current influenza outbreak. With the availability of these simpler tests in physicians' offices and smaller labs, we are expanding testing sites and access for more people needing fast diagnostic results."

FORWARD LOOKING STATEMENTS

The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 provides a safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 from civil litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 for forward looking statements accompanied by meaningful cautionary statements. Except for historical information, this report contains forward-looking statements which may be identified by words such as "estimates", "anticipates", "projects", "plans", "expects", "intends", "believes", "should" and similar expressions or the negative versions thereof and which also may be identified by their context. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company assumes no obligation to publicly update any forward looking statements. These statements are subject to various risks, uncertainties and other factors that could cause actual results to differ, including, without limitation, the following: Meridian's continued growth depends, in part, on its ability to introduce into the marketplace enhancements of existing products or new products that incorporate technological advances, meet customer requirements and respond to products developed by Meridian's competition. While Meridian has introduced a number of internally-developed products, there can be no assurance that it will be successful in the future in introducing such products on a timely basis. Ongoing consolidations of reference laboratories and formation of multi-hospital alliances may cause adverse changes to pricing and distribution. Costs and difficulties in complying with laws and regulations administered by the United States Food and Drug Administration United States Food and Drug Administration (FDA),
n.pr a unit of the Public Health Service created to protect the health of the nation against impure and unsafe foods, drugs, and cosmetics.
 can result in unanticipated expenses and delays and interruptions to the sale of new and existing products. Changes in the relative strength or weakness of the U.S. dollar can change expected results. One of Meridian's main growth strategies is the acquisition of companies and product lines. There can be no assurance that additional acquisitions will be consummated or that, if consummated, will be successful and the acquired businesses successfully integrated into Meridian's operations.

Meridian is a fully integrated life science company that manufactures, markets and distributes a broad range of innovative diagnostic test kits, purified reagents and related products and offers biopharmaceutical enabling technologies. Utilizing a variety of methods, these products provide accuracy, simplicity and speed in the early diagnosis and treatment of common medical conditions, such as gastrointestinal, viral, urinary and respiratory infections. All Meridian diagnostic products are used outside of the human body and require little or no special equipment. The Company's products are designed to enhance patient well-being while reducing the total outcome costs of healthcare. Meridian has strong market positions in the areas of gastrointestinal and upper respiratory infections, serology Serology

The division of biological science concerned with antigen-antibody reactions in serum. It properly encompasses any of these reactions, but is often used in a limited sense to denote laboratory diagnostic tests, especially for syphilis.
, parasitology Parasitology

The scientific study of parasites and of parasitism. Parasitism is a subdivision of symbiosis and is defined as an intimate association between an organism (parasite) and another, larger species of organism (host) upon which the parasite is
 and fungal disease diagnosis. In addition, Meridian is a supplier of rare reagents and specialty biologicals along with proteins and other biologicals used by biopharmaceutical companies engaged in research for new drugs and vaccines. The Company markets its products to hospitals, reference laboratories, research centers, veterinary testing centers, physician offices and diagnostics manufacturers in more than 60 countries around the world. The Company's shares are traded through Nasdaq's National Market, symbol VIVO. Meridian's website address is www.meridianbioscience.com.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Dec 11, 2003
Words:915
Previous Article:International Broadcasting Corporation Finalizes Deal and Introduces Australian Company.
Next Article:ADVISORY/The ePolicy Institute and Clearswift Identify the Biggest E-Mail Blunders of 2003: Experts Offer Tips to Avoid Devastating E-Mail Gaffes in...



Related Articles
Meridian Announces Agreements With Thermo Electron Corporation for the Immediate Distribution of Infectious Disease Tests for Influenza, C....
MERIDIAN BIOSCIENCE REQUESTS TO MARKET ADENOVIRUS TEST IN JAPAN.
Meridian's Patented Premier HpSA Stomach Ulcer Test Subject of Article in Annals of Internal Medicine.
MERIDIAN SIGNS PACT TO ACQUIRE BIOTRIN HOLDINGS PLC.
MERIDIAN BEGINS DISTRIBUTION OF RAPID TEST FOR STOMACH ULCERS.
Meridian Awarded New Patent for Novel Transport Device.
Meridian Bioscience Announces Exchange Offer for and Plans to Redeem 7% Convertible Subordinated Debentures Due 2006.
Meridian Bioscience Hires Vice President of Sales and Marketing.
Meridian Bioscience Announces Licensing Agreement With Cincinnati Children's Research Foundation.
Meridian Bioscience Announces Its Inclusion in the New NASDAQ Global Select Market - The Market With the Highest Initial Listing Standards in the...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles