AEGiS-Reuters: U.S. Approves OraSure's Rapid HIV Blood Test

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U.S. Approves OraSure's Rapid HIV Blood Test

Reuters NewMedia - November 07, 2002


WASHINGTON (Reuters) - U.S. officials have approved OraSure Technologies Inc.'s OraQuick HIV test, a blood test that delivers results in as little as 20 minutes, Health and Human Service Secretary Tommy Thompson said on Thursday.

"With this new test, in less than half an hour, (patients) can learn preliminary information about their HIV status, allowing them to get the care they need to slow the progression of their disease and to take precautionary measures to help prevent the spread of this deadly virus," he said.

Abbott Laboratories Inc. has an agreement with OraSure to help distribute the HIV test.

Orasure's shares rose 66 cents to $6.44, or 11.25 percent in midday trading on Nasdaq.

Abbot's shares were down 5 cents to $45.50 on the New York Stock Exchange.


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