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Quidel - QDEL STOCK NEWS

Welcome to our dedicated page for Quidel news (Ticker: QDEL), a resource for investors and traders seeking the latest updates and insights on Quidel stock.

Overview

QuidelOrtho Corporation (symbol: QDEL) is an American diagnostic healthcare manufacturer that specializes in rapid diagnostic testing solutions. The company is renowned for its innovative approaches in rapid diagnostic testing, immunoassay, and molecular diagnostics, offering products that enable clinicians and laboratories worldwide to quickly and accurately diagnose medical conditions.

Core Business Areas

QuidelOrtho develops, manufactures, and markets a wide range of diagnostic products across several key segments. Its product portfolio includes:

  • Immunoassay Testing: Designed to detect a variety of biological markers, these tests help in early and rapid disease detection.
  • Molecular Diagnostics: Utilizing nucleic acid amplification, these solutions provide high sensitivity and specificity in detecting pathogens and genetic markers.
  • Clinical Chemistry: The company leverages advanced technology to perform biochemical assays that aid clinical decision-making.
  • Transfusion Medicine: This segment supports safe blood management and compatibility testing in healthcare settings.

Global Footprint

Operating on a global scale, QuidelOrtho maintains a significant presence in North America while extending its reach to EMEA, China, and other international markets. This geographic diversity allows the company to adapt its product offerings to various regulatory environments and healthcare needs around the world, reinforcing its commitment to improving patient care globally.

Market Position and Competitive Landscape

In the highly competitive diagnostic healthcare industry, QuidelOrtho distinguishes itself through its focus on rapid, reliable testing solutions that meet the evolving needs of modern clinical practice. The company faces competitive pressures from other diagnostic manufacturers; however, its continued emphasis on research, technological innovation, and quality manufacturing processes has carved out a robust position in the market. Its strategy is built on addressing the challenges of timely diagnosis, which is critical for effective treatment and patient management.

Value Proposition and Business Model

The core value of QuidelOrtho lies in its ability to deliver quick, accurate, and reliable diagnostic results. This capability is essential for the effective treatment of patients, particularly in settings where speed is of the essence. The company generates revenue primarily through the direct sale of its diagnostic products to hospitals, clinics, and laboratories. Its business model is supported by a strong emphasis on technological innovation, quality assurance, and compliance with industry and regulatory standards, ensuring that its products remain at the forefront in the competitive diagnostic landscape.

Expertise and Innovation

QuidelOrtho exemplifies the integration of technology and medicine, offering diagnostic solutions that empower healthcare professionals to make informed decisions swiftly. By continuously investing in research and development, the company not only meets current market demands but also anticipates the needs of the evolving diagnostic market. The emphasis on product quality and technological sophistication underscores the company’s credibility and authority within the diagnostic sector.

Summary

Overall, QuidelOrtho Corporation represents a comprehensive approach to diagnostic healthcare. Its diversified product portfolio, global reach, and commitment to rapid and precise diagnostic testing underscore its significance as a major player in the industry. The company's focus on reinvigorating traditional diagnostic methods with innovative technologies continues to set it apart, establishing a strong foundation built on expertise, quality, and a deep understanding of the diagnostic landscape.

Rhea-AI Summary
QuidelOrtho (Nasdaq: QDEL) will report its financial results for the first quarter of 2024 on May 8, 2024. The company specializes in in vitro diagnostic technologies for various medical settings. A conference call will follow the release of financial results for interested parties to discuss the performance.
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QuidelOrtho introduces the ARK™ Fentanyl II Assay to its Vitros® XT and 5600 Integrated Systems to aid hospitals in responding to the increasing demand for enhanced opioid testing. The assay provides rapid fentanyl testing in under 10 minutes, crucial for immediate clinical decisions amidst the rising opioid crisis.
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QuidelOrtho (Nasdaq: QDEL) receives FDA 510(k) clearance for QuickVue COVID-19 test, enhancing diagnostic capabilities. The company withdraws FDA submission for Savanna RVP4+ assay due to data not meeting expectations, but anticipates new multiplex assay release in 2024/2025 respiratory season.
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QuidelOrtho Corporation (QDEL) receives Health Canada approval for Triage PLGF test, aiding in preterm pre-eclampsia diagnosis and delivery prognosis. The test detects angiogenic imbalance, crucial for maternal and fetal health, with fast results and reduced maternal adverse outcomes.
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QuidelOrtho Corporation (QDEL) announced its participation in the 45th Annual Raymond James Institutional Investor Conference with its management team including the Interim CEO and President. The event will feature a presentation and fireside chat accessible through a live webcast on the company's Investor Relations page.
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QuidelOrtho Corporation (QDEL) terminates President and CEO, appoints interim leadership to drive operational efficiency and revenue growth. Board forms Office of the CEO to ensure business continuity. No change in financial guidance. Investor Day postponed.
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QuidelOrtho Corporation (QDEL) reports strong momentum in Labs business with revenue of $743 million in Q4 2023. Non-respiratory revenue increased by 9%, while respiratory revenue decreased by 49%. Full-year 2023 revenue was $3.0 billion, with non-respiratory revenue up 61% and respiratory revenue down 61%. The company received regulatory clearances for new products and made significant debt repayments.
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QuidelOrtho Corporation (Nasdaq: QDEL) announced it will report its financial results for Q4 and full year 2023 on February 13, 2024. The company will hold a conference call to discuss the results, with access to the call provided on its website. Presentation materials will also be available on the website.
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QuidelOrtho Corporation (NASDAQ:QDEL) to Present at 42nd Annual J.P. Morgan Healthcare Conference
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QuidelOrtho Corporation (Nasdaq: QDEL) has received 510(K) clearance from the U.S. Food and Drug Administration for its Savanna PCR platform and Savanna HSV 1+2/VZV in vitro diagnostic test, allowing them to market and sell the innovative platform to laboratories performing moderate or high complexity diagnostic testing in the United States. The platform delivers results in 25 minutes or less, improves clinical care, provides cost savings, and delivers sample-to-result molecular testing across all laboratory settings.
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FAQ

What is the current stock price of Quidel (QDEL)?

The current stock price of Quidel (QDEL) is $25.17 as of April 17, 2025.

What is the market cap of Quidel (QDEL)?

The market cap of Quidel (QDEL) is approximately 1.8B.

What is the core business of QuidelOrtho Corporation?

QuidelOrtho Corporation specializes in the development, manufacturing, and marketing of rapid diagnostic testing solutions used in immunoassay, molecular diagnostics, clinical chemistry, and transfusion medicine.

Which healthcare segments does QuidelOrtho serve?

The company serves multiple segments including immunoassay testing, molecular diagnostics, clinical chemistry, and transfusion medicine, all of which are critical for accurate and timely patient diagnosis.

How does QuidelOrtho generate its revenue?

Revenue is generated primarily through the direct sale of diagnostic products to hospitals, clinics, and laboratories across various international markets, with a significant contribution from North America.

What differentiates QuidelOrtho from other diagnostic manufacturers?

The company differentiates itself through a strong focus on rapid and reliable testing solutions, a diversified product portfolio, and continuous investment in technological innovation and research.

Where does QuidelOrtho have a global presence?

QuidelOrtho operates internationally with established markets in North America, EMEA, China, and other regions, allowing it to cater to a diverse set of regulatory and healthcare needs.

What role does innovation play in QuidelOrtho's business model?

Innovation is central to QuidelOrtho’s operations, as the company constantly invests in research and development to improve the speed, accuracy, and reliability of its diagnostic testing solutions.

How does QuidelOrtho contribute to clinical decision-making?

By providing rapidly available and precise diagnostic results, QuidelOrtho’s products assist clinicians in making informed treatment decisions, thereby enhancing patient care and clinical outcomes.

What are some common applications of QuidelOrtho's diagnostic tests?

Their tests are widely used in clinical settings for disease detection, patient monitoring, and ensuring the safety and efficacy of transfusion services, among other applications.
Quidel

Nasdaq:QDEL

QDEL Rankings

QDEL Stock Data

1.84B
66.93M
1.46%
109.53%
6.32%
Medical Devices
In Vitro & in Vivo Diagnostic Substances
Link
United States
SAN DIEGO