Shares of Fluidigm Corporation (FLDM) are climbing more than 14% Friday morning after the company recieved CE-IVD mark for its saliva based Advanta Dx SARS-CoV-2 RT-PCR assay for Covid-19.
The CE-IVD mark is in conformance with the European Union In Vitro Diagnostic Directive.
Advanta Dx SARS-CoV-2 RT-PCR Assay is an extraction-free saliva-based test to detect nucleic acid from the SARS-CoV-2 virus.
"Since introduction of our saliva-based Covid-19 testing solution in the United States, we have seen tremendous interest in our testing technology, and we are gratified by the opportunity to offer one of the first saliva-based COVID-19 tests to be widely available in Europe, where the total addressable market for COVID-19 testing, based on third-party and company estimates, is $5 billion to $7 billion in 2021," said Chris Linthwaite, Fluidigm President and CEO.
FLDM, currently at $7.04, has been trading in the range of $1.17- $12.45 in the last one year.
For comments and feedback contact: editorial@rttnews.com
Business News
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.