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2021-07-21

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Chembio Shares Double on $28 Million COVID Diagnostic Test Order

Chembio will provide 20-minute nasal swab test to a company in Brazil. Shares of Chembio Diagnostic

Chembio Shares Double on $28 Million COVID Diagnostic Test Order

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChembio Shares Double on $28 Million COVID Diagnostic Test Order\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/chembio-diagnostics-cemi-covid-test-order><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chembio will provide 20-minute nasal swab test to a company in Brazil.\n\nShares of Chembio Diagnostics (CEMI) -Get Report doubled in premarket trading Wednesday after the company received a $28.3 ...</p>\n\n<a href=\"https://www.thestreet.com/investing/chembio-diagnostics-cemi-covid-test-order\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CEMI":"Chembio Diagnostics"},"source_url":"https://www.thestreet.com/investing/chembio-diagnostics-cemi-covid-test-order","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139204971","content_text":"Chembio will provide 20-minute nasal swab test to a company in Brazil.\n\nShares of Chembio Diagnostics (CEMI) -Get Report doubled in premarket trading Wednesday after the company received a $28.3 million purchase order from Bio-Manguinhos for SARS-CoV-2 Antigen tests in Brazil.\nThe test is designed to detect the COVID-19 pathogen in only 20 minutes using a \"minimally invasive\" nasal swab.\n“We are pleased to significantly expand our customer relationship with Bio-Manguinhos to address the testing needs surrounding COVID-19,” said Javan Esfandiari, Chembio’s executive vice president, chief science and technology officer.\nShares of Chembio Diagnostics jumped 100.49% to $4.13 early Wednesday.\n\"We believe the purchase order validates the investments we made earlier this year in inventory for the DPP SARS-CoV-2 Antigen test and look forward to ramping up production,\" Esfandiari said.\nChembio is a point-of-care diagnostic company focused on infectious diseases.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}