Co-Diagnostics

Co-Diagnostics, Inc. engages in the development and innovation of molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. Its diagnostics systems enable very rapid, low-cost, molecular testing for organisms and genetic diseases by automating historically complex procedures in both the development and administration of tests. The company was founded by Brent C. Satterfield and Dwight Howard Egan on April 18, 2013 and is headquartered in Salt Lake City, UT.

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Co-Diagnostics reports Q1 results, focuses on growth and innovation

Co-Diagnostics reported mixed financial results for Q1 2024, with revenue decrease but gross profit increase.
The company is strategically focused on commercialization efforts, product development, and managing expenses for growth.
Despite facing challenges such as net losses and operational complexities, Co-Diagnostics remains optimistic about future opportunities.
With a strong cash position and ongoing FDA submissions, Co-Diagnostics is poised for potential revenue growth and market expansion.

Co-Diagnostics reports Q3 revenue decline, focuses on global expansion

Co-Diagnostics faces financial challenges with a significant net loss in Q3 2024 but maintains a strong focus on advancing its testing platforms and expanding manufacturing capabilities.
Strategic opportunities in international market expansion and test development supported by grants present avenues for growth and market penetration.
Efforts to manage cash position through efficient spending and operational efficiencies underscore the company's commitment to future commercial success.

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The company's shares have soared though it has offered few specifics about the financial impact its COVID-19 products are having.

Co-Diagnostics Reports Surge in Demand for Coronavirus Tests

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Co-Diagnostics Inc (NASDAQ: CODX) shares have been on a roll following the outbreak the COVID-19, the latest coronavirus strain that has stirred fears and anxiety.

Co-Diagnostics Says COVID-19 Test Kit Demand Surges In Recent Weeks

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Shares are taking a breather following a downgrade by an analyst at Maxim Group.

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Shares of Co-Diagnostics Inc. CODX, +34.62% tumbled 14% in premarket trading Tuesday, to pull back from the previous session's record close, after Maxim Group analyst Jason McCarthy downgraded the molecular diagnostics company citing concerns over valuation after the recent rocket ride up.

Co-Diagnostics' stock tumbles after Maxim downgrades following massive run up in price

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Co-Diagnostics, Inc. (NASDAQ: CODX) shares were trading higher Monday after the company announced it will provide COVID-19 tests to U.S.

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Shares of Co-Diagnostics Inc. CODX, +54.69% , a molecular diagnostics company that has developed a test for the coronavirus, rose another 57% on Thursday, bringing its month-to-date gains to 333%, after the company said it has received a CE Mark for its test.

Co-Diagnostics stock soars 57% on high hopes for its coronavirus test

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News for Co-Diagnostics Stock (CODX)