FDA Approves Cepheid's Meningitis PCR-Based Dx Test; Shares Spike 7 Percent

Mar 16, 2007

NEW YORK (GenomeWeb News) – The US Food and Drug Administration has cleared a Cepheid test designed to help physicians detect viral meningitis within two-and-a-half hours, the FDA said today.

News of the clearance caused shares in Cepheid to trade up 7 percent today at $9.22 in the mid-afternoon.

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