Nanosphere, Inc., a company enhancing the practice of medicine through targeted molecular diagnostics, today announced it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for the bacterial portion of its Verigene® Enteric Pathogens Nucleic Acid Test (EP). Clinical studies for the full panel, including two additional viral targets, have been completed and the Company expects clearance of the full EP panel.
Nanosphere management will host a live conference call and webcast on Wednesday, June 25, 2014 at 8:30am Eastern/5:30am Pacific to discuss the Company's regulatory strategy for Verigene EP.
Verigene EP is an automated in vitro diagnostic test that simultaneously identifies a broad panel of common community-acquired pathogenic enteric bacteria and genetic virulence markers directly from a stool sample, two to three days faster than the time- and labor-intensive conventional identification methods.
Diarrhea caused by bacterial and viral infection represents a significant healthcare burden in the U.S. While most cases of community-acquired diarrhea are self-resolving and not life-threatening, gastrointestinal infections in the U.S. are associated with 3.7 million emergency department visits, 1.3 million inpatient hospitalizations and more than $6 billion in healthcare costs per year.i
Since symptoms alone are insufficient to make treatment decisions, rapid identification of the bacterial or viral cause of diarrhea is critical for optimal patient management, limiting the prescription of inappropriate or unnecessary antibiotics.
The Verigene EP Test joins Nanosphere's currently marketed Verigene Clostridium difficile Nucleic Acid Test (CDF), which identifies toxigenic C. difficile and differentiates the 027 hypervirulent strain for epidemiological purposes. C difficile infections are most commonly associated with use of antibiotics and are responsible for 250,000 hospitalizations and at least 14,000 deaths per year in the U.S., and were recently highlighted by the Centers for Disease Control and Prevention as a healthcare-acquired infection posing an urgent health threat in the U.S.ii
The Company will submit additional data to the FDA for the two viral targets to be included on Verigene EP imminently.
"FDA clearance of Verigene EP further strengthens our portfolio of multiplexed molecular gastrointestinal tests and expands our ability to deliver clinical, economic and workflow benefits to those hospitals and laboratories which have adopted our Verigene System," said Michael McGarrity, Nanosphere's president and chief executive officer. "Our menu offerings addressing community and healthcare-acquired infections enable our customers to run the most appropriate test for each patient based on their respective clinical presentation and health history."
Nanosphere's menu of infectious disease tests are performed using the automated, sample-to-result Verigene System. Its ease of use and on-demand workflow makes Verigene a viable diagnostic platform for use in both hospital-based and reference laboratories across the country, regardless of size.
Conference Call & Webcast
Wednesday, June 25, 2014 @ 8:30am Eastern Time/5:30am Pacific Time
Replays – Available through July 9, 2014