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Home > (HOLX, SYUT, ESYS, CLNO, IPSU) Stock Highlights by DrStockPick.com

(HOLX, SYUT, ESYS, CLNO, IPSU) Stock Highlights by DrStockPick.com

December 16th, 2011 at 02:53 pm















Hologic, Inc. (Nasdaq: HOLX), a leading developer, manufacturer and supplier of premium diagnostic products, medical imaging systems and surgical products dedicated to serving the healthcare needs of women, announced that the U.S. Food and Drug Administration (FDA) has approved its Cervista HTA (high throughput automation) system for use with the Company's previously approved Cervista human papillomavirus (HPV) HR test. The Company's HPV HR test utilizes Hologic's proprietary Invader technology to detect 14 high risk types of HPV that are associated with cervical cancer and precancerous lesions.

The Company's Cervista HTA system automates the DNA extraction and detection steps of the Hologic Cervista HPV HR test allowing users to walk away after loading the instrument and return the next morning to review the test results.

"Our new Cervista high throughput automation system represents a significant addition to our molecular diagnostics product portfolio," said Rob Cascella , President and Chief Executive Officer of Hologic. "The Cervista HTA system automates our Cervista HPV HR test, providing higher throughput, improved chain of custody and accurate results. We are extremely pleased to get this product approved as it materially changes the competitive landscape for Hologic."

Hologic has been dedicated to the prevention of cervical cancer through screening since the introduction of its ThinPrep Pap Test in 1996. The ThinPrep Pap Test today is the most widely-used liquid based cytology platform in the United States and many other countries of the world. In 2003, Hologic was the first to introduce a computer-guided imaging system for cervical cancer screening with the approval of its ThinPrep Imaging System which has since become the standard of care for the majority of ThinPrep customers. With the approval of the Company's Cervista HTA system, Hologic offers a complete cervical cancer screening solution that is scalable for all laboratory customers.

Read full article at: http://drstockpick.com/?p=23214

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