Diagnostics up on shipping monkeypox test reagent to international distributor

Co-Diagnostics

11/07/2022 15:21

** Shares of Co-Diagnostics Inc  CODX.O  rise 5.2% to $6.29
in early trade after shipping monkeypox testing reagents to one
of its international distributors
    ** Co adds the products were designed and developed on
expedited basis to meet the demands in distributor's region but
does not provide any other details  urn:newsml:reuters.com:*:nPn8jR7rGa
    ** More than 7,600 cases of monkeypox disease has been
confirmed in over 50 countries in which disease is not endemic
 urn:newsml:reuters.com:*:nL5N2XF1XF
    ** All 3 brokerages covering CODX rate stock "buy" or
higher; their median PT is $14
    ** Despite session's gain, stock down 29% YTD

 (Reporting by Leroy Leo in Bengaluru)
 ((Leroy.Dsouza@thomsonreuters.com ; Twitter: https://twitter.com/LeroyLeo7;))