Chembio Diagnostics Inc. (CEMI) announced Friday morning that it received FDA approval for its Dual Path Platform HIV 1/2 assay for the rapid, point-of-care detection of HIV-1/2 antibodies in either oral fluid or blood samples.
Chembio Diagnostics gapped up sharply Friday and has spiked higher in early trade on above average volume. The stock is now up 1.15 at $5.75 and has surged to a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.