Test makers target monkeypox market as cases surge

  • 📰 TODAYonline
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 99%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

LONDON — Diagnostic companies are racing to develop tests for monkeypox, hoping to tap into a new market as governments ramp up efforts to trace the world's first major outbreak of the viral infection outside of Africa.

The scramble started last month, much like early 2020 when companies rushed to make kits to help diagnose Covid-19, creating a multibillion-dollar boon for test makers.

A niche new market could soften — but won't make up for — the anticipated slowing of Covid-19 diagnostic sales as the need to test for the Sars-CoV-2 virus ebbs and concern about monkeypox grows, analysts say. This outbreak is significant on the monkeypox scale, but there is not yet a need for hundreds of thousands of tests, which was the case when Covid-19 emerged, said Dr Daniel Bausch, senior director, emerging threats and global health security at FIND, the global alliance for diagnostics.

Kits like Roche's have not been cleared by regulators for use as a medical diagnostic — however, they are available for research purposes only. Broadly there are two types of test: PCR and antigen tests are designed to detect whether a person is currently or very recently infected, while antibody tests show whether a person has previously been infected.PCR tests are the gold standard test for the detection of monkeypox, according to the WHO, while the way antigen and antibody tests are designed makes it less likely that a positive result is definitively indicative of monkeypox.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Test makers target monkeypox market as cases surgeLONDON: Diagnostic companies are racing to develop tests for monkeypox, hoping to tap into a new market as governments ramp up efforts to trace the world's first major outbreak of the viral infection Seems like there are comedians world across..... Surge ! Big Pharma be like:
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »