** Shares in Italian medical diagnostics group DiaSorin fall over 4% after Dutch peer Qiagen QIA.DE cuts its sales and profit outlook, underscoring a difficult market for the sector
** Qiagen says outlook downgrade is driven by weaker QuantiFERON immigration testing demand, ongoing caution among U.S. life sciences customers and rising geopolitical uncertainty
** "Qiagen's profit warning follows that of bioMérieux, highlighting a challenging market environment for diagnostics players... the sharp slowdown in QuantiFERON sales is more surprising," Equita says
** The broker notes QuantiFERON is "particularly relevant" for DiaSorin, as it accounts for around 9% of its revenues
** Banca Akros says sales decline in QuantiFERON tests could hit DiaSorin revenues more than previously estimated. In March, DiaSorin flagged a fall in Q1 organic sales
** YTD, DiaSorin shares are down over 15%
(Reporting by Philippe Leroy Beaulieu in Gdansk)
((philippe.leroybeaulieu@tr.com))