STOCK TITAN

Agilent Releases IVDR-Compliant Instruments, Kits, and Reagents for Use in the European Union

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Agilent Technologies Inc. (NYSE: A) announced the release of its IVDR Class A instruments, kits, and reagents on May 26, 2022, aligning with the EU's In Vitro Diagnostic Regulation (IVDR). This transition allows labs in the EU to use Agilent products without interruption, enhancing patient safety and regulatory compliance. Agilent's Class A products encompass a wide range of solutions, addressing challenges posed by the COVID pandemic. The company reported $6.32 billion in revenue for fiscal 2021 and boasts a global workforce of 17,000.

Positive
  • Release of IVDR Class A products ensures uninterrupted usage in EU labs.
  • Significant milestone amidst pandemic-related challenges.
  • Commitment to patient safety and regulatory compliance.
Negative
  • None.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Agilent Technologies Inc. (NYSE: A) today announced that previously CE-IVD marked instruments, kits, and reagents were released as IVDR Class A on May 26, 2022, in compliance with the new EU IVDR regulation.

This launch of IVDR-compliant Class A products ensures that labs in the EU who rely on Agilent IVDR instruments, kits, and reagents in their diagnostic workflows will continue to be able to use these products without disruption.

The In Vitro Diagnostic Regulation (IVDR) (EU) 2017/746 is a new, harmonized regulatory framework established to ensure the present and future safety and performance of in vitro diagnostic (IVD) medical devices in the European Union market. The IVDR regulation replaces the previous IVDD directive, under which many Agilent products have been CE-IVD marked, indicating IVDD compliance. The launch represents a significant milestone for the Agilent organization, which faced substantial hurdles due to the COVID pandemic and related supply-chain challenges.

“Agilent shares the European Commission's vision of enhanced patient safety and transparency,” said Jenipher Dalton, senior vice president of Global Quality and Regulatory Affairs at Agilent. “We remain committed to providing high-quality solutions for delivering the testing results that physicians and patients in the EU rely on. Our multi-disciplinary team really came together to make this a seamless transition, and this result is a testament to their dedication and professionalism.”

Agilent Class A IVDR-compliant products span the entire Agilent product portfolio, from qPCR and NGS preparation instruments to H&E stains, staining instruments, and conjugated secondary antibody reagents.

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in the life sciences, diagnostics, and applied chemical markets, delivering insight and innovation that advance the quality of life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers' most challenging questions. The company generated revenue of $6.32 billion in fiscal 2021 and employs 17,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, please subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn, Twitter, and Facebook.

Naomi Goumillout

Agilent Technologies

+1.781.266.2819

naomi.goumillout@agilent.com

Source: Agilent Technologies Inc.

FAQ

What did Agilent Technologies announce on May 26, 2022?

Agilent Technologies announced the release of IVDR Class A instruments, kits, and reagents, ensuring compliance with the EU's new In Vitro Diagnostic Regulation.

How does the IVDR Class A release benefit EU laboratories?

The IVDR Class A release allows EU laboratories to continue using Agilent's diagnostic products without disruption, enhancing safety and compliance.

What is the significance of Agilent's IVDR Class A products?

The IVDR Class A products mark a significant milestone for Agilent, enabling regulatory compliance amid challenges such as the COVID pandemic.

What was Agilent Technologies' revenue for fiscal 2021?

Agilent Technologies generated $6.32 billion in revenue for fiscal 2021.

Agilent Technologies Inc.

NYSE:A

A Rankings

A Latest News

A Stock Data

38.48B
286.42M
0.28%
91.26%
1.2%
Diagnostics & Research
Laboratory Analytical Instruments
Link
United States of America
SANTA CLARA