South Korea – Seegene’s COVID-19 test authorized for emergency use in Korea

Korea Centers for Disease Control & Prevention notified Seegene Inc. (096530.KQ) that Korea Ministry of Food and Drug Safety (MFDS; Former KFDA) approved its novel coronavirus (COIVD-19) Real-time PCR assay for the Emergency Use, following the recent CE-IVD Mark. It will begin offering the assays in Korea and across the globe from today.

As the global concern is growing over the rapid spread of COVID-19, the market is demanding more accurate and prompt diagnostic solution to reduce the global prevalence of this unprecedented virus.

Seegene launched a single-tube assay, Allplex™ 2019-nCoV Assay that identifies the 3 different target genes (E gene, RdRP gene and Ngene) designed based on the international recommended protocols posted by World Health Organization (WHO). The capability of a simultaneous test in a single-tube, compared to the existing multi-tube assays, greatly improves the efficiency in workflow, maximizing the throughput for a high volume test and minimizing the test cost…