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LUCIRA™ CHECK IT COVID-19 Test Kit is Available for Online Purchase

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Lucira Health (Nasdaq: LHDX) has announced the availability of its LUCIRA™ CHECK IT COVID-19 Test Kit for online purchase, following FDA Emergency Use Authorization. The at-home, single-use test delivers PCR-quality results in under 30 minutes and costs $75. It is designed for easy self-administration without the need for a prescription or additional equipment. Clinical trials indicate a 98% accuracy rate compared to high-sensitivity tests. The test provides rapid results, with positive results in as little as 11 minutes, and offers a digital LUCI PASS™ result for work and travel verification.

Positive
  • Reopening of online sales for LUCIRA™ CHECK IT COVID-19 Test Kit, increasing product accessibility.
  • Test kit provides PCR-quality results in under 30 minutes, enhancing user convenience.
  • Positive results delivered in as little as 11 minutes, appealing to consumers needing rapid testing.
  • Clinical trials show 98% accuracy, supporting the kit's reliability and potential market acceptance.
Negative
  • Dependence on COVID-19 testing demand may affect long-term revenue sustainability.
  • Risks associated with production and distribution challenges could impede sales growth.

This FDA Emergency Use Authorization (“EUA”) first PCR quality, single-use, COVID-19 at home, self-test kit can again be purchased via the Company’s website

EMERYVILLE, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Lucira Health, Inc. ("Lucira Health" or "Lucira") (Nasdaq: LHDX), a medical technology company focusing on the development and commercialization of transformative and innovative infectious disease test kits, announced that its LUCIRA™ CHECK IT COVID-19 Test Kit, a self-administered PCR quality, single-use, at home molecular diagnostic test for COVID-19, is again available for online purchase.

“We are excited that during the ongoing uncertainty we can again support the need for an easy to use, at home, accurate testing option that produces PCR quality results on-the-spot,” said Erik Engelson, Chief Executive Officer. “We continue to see an increased need for our LUCIRA™ CHECK IT COVID-19 test kit and reopening our online sales channel via our website allows for greater access to our product.”

Each single-use test kit costs $75. The test kit, authorized for emergency use by FDA under EUA, is available over the counter (“OTC”), and can produce a positive result in as little as 11 minutes, or a negative result within 30 minutes. After testing, users can also access a free, text based digital LUCI PASS™ verified test result on their phone for work or travel.

Accurate, easy to use

The LUCIRA™ CHECK IT COVID-19 test kit is designed to deliver PCR quality molecular accuracy in 30 minutes or less at home. Each single-use test kit contains everything needed to conduct one COVID-19 test. It was designed and tested extensively for individuals to use independently and does not require a physician’s prescription or supervised assistance. There is no additional equipment such as a reader or instrument to purchase.

In clinical trials, 100% of users successfully performed the test at home in about two minutes using Lucira’s easy-to-use ‘swab, stir and detect’ CHECK IT test kit.

Molecular tests are more sensitive than antigen tests because they amplify critical parts of the viral target. The targeted, molecular amplification that LUCIRA™ CHECK IT and PCR tests employ makes them demonstrably more reliable than “rapid” antigen tests, which can miss active COVID-19 infections.

In a Community Trial setting, LUCIRA™ CHECK IT results were compared with the Hologic Panther Fusion, considered a high-sensitivity molecular test due to its low Limit of Detection (“LOD”). Lucira’s accuracy was 98%, detecting 385 out of 394 positive and negative samples correctly when compared to the Hologic Panther Fusion, and excluding ten samples with very low levels of virus (those with very high PCR cycle thresholds of 37.5 or greater) that possibly no longer represented active infection. Comparative positive results agreed 97% of the time among this sample, and negative results agreed 98% of the time.

LUCIRA™ CHECK IT Test Kit

The LUCIRA™ CHECK IT test kit fits in the palm of a hand, extracts genetic material from the virus and amplifies it similar to PCR lab tests. Each Lucira test kit contains everything needed to run one COVID-19 test. Users get the test device, two AA batteries, sample vial, swab and simple one-page instructions. The batteries are inserted into the device and the sample vial is placed in the test unit. The user then opens the test swab packet and rotates the swab in each nostril five times. The swab is then stirred in the sample vial, which is then gently pressed into the test unit to start the test. The “ready” light will blink until a “positive” or “negative” green light is illuminated within 30 minutes. Lucira also offers a free LUCI PASS™ digital verified test result back to a user’s phone. LUCI is accessed via text and does not require downloading an app. There is also an opt-in for public health reporting for users who wish to transmit their results to the relevant public health authorities.

Lucira’s identical, prescription product is also available for sale to healthcare providers at lucirahealth.com

About Lucira Health

Lucira is a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits. Lucira's testing platform produces lab quality molecular testing in a single-use, consumer-friendly, palm-size test kit powered by two AA batteries. Lucira designed its test kits to provide accurate, reliable, and on-the-spot molecular test results anywhere and at any time. The LUCIRA™ CHECK IT COVID-19 Test Kit (OTC) and LUCIRA™ COVID-19 All-In-One Test Kit (Rx) are designed to provide a clinically relevant COVID-19 result within 30 minutes from sample collection. For more information, visit www.lucirahealth.com.

Forward Looking Statements

Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, Lucira's continued development and commercialization of its transformative and innovative infectious disease test kits and ability to increase sales. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "can," "plans," "will," "may," "anticipates," "expects," "potential," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Lucira's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, including our ability to increase production, streamline operations and increase product availability; the success of our test platform with COVID-19, the impact to our business of the ongoing COVID-19 pandemic; our ability to successfully continue to expand internationally; any impact on our ability to market our products; demand for our products due to deferral of procedures using our products or disruption in our supply chain; our ability to achieve or sustain profitability; our ability to gain market acceptance for our products and to accurately forecast and meet customer demand; our ability to compete successfully; our ability to enhance our product offerings; development and manufacturing problems; capacity constraints or delays in production of our products; maintenance of coverage and adequate reimbursement for procedures using our products; and product defects or failures. These and other risks and uncertainties are described more fully in the "Risk Factors" section and elsewhere in our filings with the Securities and Exchange Commission and available at www.sec.gov, including in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Any forward-looking statements that we make in this announcement speak only as of the date of this press release, and Lucira assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise after the date of this press release, except as required under applicable law.

Investor Contact
Greg Chodaczek
Investorrelations@lucirahealth.com
347-620-7010


FAQ

What is the LUCIRA™ CHECK IT COVID-19 Test Kit?

The LUCIRA™ CHECK IT COVID-19 Test Kit is an at-home, single-use PCR quality test for COVID-19, providing results in under 30 minutes.

When was the LUCIRA™ CHECK IT COVID-19 Test Kit reintroduced for sale?

Lucira Health announced that the test kit is again available for online purchase as of October 26, 2021.

How much does the LUCIRA™ CHECK IT COVID-19 Test Kit cost?

The test kit costs $75.

What is the accuracy of the LUCIRA™ CHECK IT COVID-19 Test Kit?

Clinical trials indicate the test has a 98% accuracy rate compared to high-sensitivity molecular tests.

What results can users expect from the LUCIRA™ CHECK IT COVID-19 Test Kit?

Users can expect positive test results in as little as 11 minutes and negative results within 30 minutes.

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