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QUIDEL CORP /DE/

quidelortho.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2022 10-Q, filed May 5, 2022. Its latest SEC filing is a 15-12G from Jun 6, 2022.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Develops, manufactures and sells rapid diagnostic tests and analyzers for clinics and hospitals, laboratories, and retail and home users.

Who Were Their Customers?

Healthcare providers and laboratories buy directly or through distributors; Quidel’s sales force works with distributors in point-of-care markets and directly serves hospital and reference laboratories for cell-culture tests. Retail and online outlets carry its at-home tests.

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q1 FY2022, the three months to Mar 31, 2022
Revenue
▲ +167%
vs $375.3M in Q1 FY2021
Net income
▲ +169%
vs $178.1M in Q1 FY2021
  • May 6, 2022 Shareholder lawsuits seek to block planned combination Two lawsuits allege omissions in merger disclosures and seek to prevent the combination from closing.

At-home testing The latest report adds individual, non-professional buyers and home testing, with retail and online outlets as sales channels; the older report described products for professional use.

Who Did They Compete With?

Competes with Abbott, Beckman Coulter, Thermo Fisher Scientific, Becton Dickinson, Meridian Bioscience, and Danaher

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