06.12.2007 09:00:00
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Quidel Corporation and Roche to Collaborate in Pilot Program for Influenza Management in U.S. This Flu Season
Quidel Corporation (NASDAQ:QDEL), a leading provider of rapid
point-of-care (POC) diagnostic tests, announced today the launch of a
pilot program with Roche in the U.S. this flu season. The purpose of the
program is to develop a comprehensive approach to managing influenza.
The QuickVue Influenza A+B test and Tamiflu, an oral antiviral flu
medication, will be utilized together in select U.S. markets.
The program is scheduled to begin in December and leverages the strength
of the two leading brands in influenza management for both physicians
and patients. The U.S. arrangement complements collaboration already
underway and recently announced by both companies in Germany.
"Our focus has always been to educate
physicians on the signs and symptoms of influenza. The rapid test
enables physicians to more accurately diagnose the infected patient,
allowing for appropriate decisions about treatment and protection
against the flu,” said Michael McGuire, vice
president infectious diseases at Roche. "The
physician will also be able to recommend prophylaxis to other family
members to help protect them from getting the flu. Working with Quidel
should help physicians make improved decisions about influenza for their
patients and practice.”
Caren Mason, president and CEO of Quidel Corporation, noted, "The
agreement with Roche should allow us to demonstrate what physicians and
researchers have been reporting globally, that a rapid test helps to
support the appropriate utilization of antivirals, resulting in improved
patient care. We are pleased to be working with Roche in two of the
largest influenza markets—Germany and the
United States. We anticipate that the resulting data from this
collaboration will add further evidence to support the use of a test in
influenza diagnostic and treatment protocols. We consider this level of
cooperative agreement with Roche as another testament to our commitment
to QVB™, the Quidel Value Build program
dedicated to clinical and economic validation enabling proper disease
management.” About Quidel Corp.
Quidel Corporation serves to enhance the health and well being of people
around the globe through the discovery, development, manufacturing and
marketing of rapid diagnostic solutions at the point of care (POC) in
infectious diseases and reproductive health. Marketed under the leading
brand name of QuickVue®,
Quidel’s portfolio of products currently
includes tests that aid in the diagnosis of several disease or condition
states, including influenza, respiratory syncytial virus, Fecal Occult
Blood, Strep A, pregnancy, bacterial vaginosis, H. pylori and
Chlamydia. Quidel's products are sold to healthcare professionals with a
focus on the physician office lab and acute care markets through leading
medical distribution partners on a worldwide basis. Quidel's Specialty
Products Group (SPG) develops research products in the fields of
oncology and bone health with potential future point-of-care
applications. By building value in rapid diagnostic tests, Quidel
provides leadership to the industry and among healthcare professionals
allowing for the movement of patient testing out of the central
laboratory setting and into the physician office, urgent care and other
outpatient settings where rapid testing and treatment has an impact on
clinical outcomes and provides an economic benefit. For more
information, visit www.quidel.com, www.flutest.com,
or www.colorectal-test.com.
About Roche
Hoffmann-La Roche Inc. (Roche), based in Nutley, N.J., is the U.S.
pharmaceuticals headquarters of the Roche Group, one of the world’s
leading research-oriented healthcare groups with core businesses in
pharmaceuticals and diagnostics. For more than 100 years in the U.S.,
Roche has been committed to developing innovative products and services
that address prevention, diagnosis and treatment of diseases, thus
enhancing people's health and quality of life.
For additional information about the U.S. pharmaceuticals business,
visit the websites: http://www.rocheusa.com
or www.roche.us.
All trademarks used or mentioned in this release are protected by law.
This press release contains forward-looking statements within the
meaning of the federal securities laws that involve material risks,
assumptions and uncertainties. Many possible events or factors could
affect our future financial results and performance, such that our
actual results and performance may differ materially. As such no
forward-looking statement can be guaranteed. Differences in actual
results and performance may arise as a result of a number of factors
including, without limitation, seasonality, the length and severity of
cold and flu seasons, uncertainty surrounding the detection of novel
influenza viruses involving human specimens, adverse changes in the
competitive and economic conditions in domestic and international
markets, actions of our major distributors, technological changes and
uncertainty with research and technology development, including any
future molecular-based technology, the reimbursement system currently in
place and future changes to that system, manufacturing and production
delays or difficulties, adverse actions or delays in product reviews by
the U.S. Food and Drug Administration (the "FDA”),
intellectual property, product liability, environmental or other
litigation, required patent license fee payments not currently reflected
in our costs, potential inadequacy of booked reserves and possible
impairment of goodwill, and lower-than-anticipated sales or market
penetration of our new products. Forward-looking statements typically
are identified by the use of terms such as "may,” "will,” "should,” "might,” "expect,” "anticipate,” "estimate,”
and similar words, although some forward-looking statements are
expressed differently. The risks described under "Risk
Factors” in reports and registration
statements that we file with the SEC from time to time should be
carefully considered. You are cautioned not to place undue reliance on
these forward-looking statements, which reflect management’s
analysis only as of the date of this press release. We undertake no
obligation to publicly release the results of any revision or update of
the forward-looking statements.
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