👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Roche develops new research test kits for Omicron variant

Published 12/03/2021, 02:12 AM
Updated 12/03/2021, 02:16 AM
© Reuters. A sign at a diagnostics site for Swiss pharmaceutical giant Roche is seen, in Burgess Hill, Britain, October 7, 2020. REUTERS/Peter Nicholls/File Photo
TMO
-

By Brenna Hughes Neghaiwi

ZURICH (Reuters) - Roche's newly acquired subsidiary TIB Molbiol has developed three new test kits to help researchers detect mutations in the new Omicron variant of coronavirus, Roche said on Friday.

Governments around the world are urgently scouring databases for recent cases of COVID-19 infections, screening travellers and decoding the viral genomes of the new variant as they try to measure how far it has spread.

Last week, the World Health Organization (WHO) classified Omicron as a SARS-CoV-2 "variant of concern", saying it might spread more quickly than other forms.

"We are able to offer a test that can specifically identify the novel B.1.1.529 Omicron SARS-CoV-2 variant to help better understand its spread and behaviour," Thomas Schinecker, head of Roche Diagnostics, said in a statement.

While the WHO has said widely available tests can detect individuals infected with any variant, most PCR tests cannot distinguish between Omicron and Delta, the dominant and most infectious version of the virus.

Until now, the world body has recommended only the TaqPath test produced by U.S. firm Thermo Fisher (NYSE:TMO) as a proxy.

The new Roche and TIB Molbiol testing kits, made only for research use, can differentiate between unique mutations in Omicron compared to other SARS-CoV-2 variants, Roche said.

© Reuters. A sign at a diagnostics site for Swiss pharmaceutical giant Roche is seen, in Burgess Hill, Britain, October 7, 2020. REUTERS/Peter Nicholls/File Photo

They can thus help researchers detect Omicron and study its spread versus other variants. Roche said they could also be used to monitor the potential impact of therapeutics, vaccines, and public health interventions on the spread of variants.

Roche acquired Berlin-based TIB Molbiol on Dec. 1 to expand its PCR-test portfolio to combat new infectious diseases.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.