Hologic lands $7.6M federal COVID-19 test contract

HHS and the U.S. Defense Department have awarded a multimillion dollar contract to medical technology company Hologic to expand production of COVID-19 testing and processing.

Four things to know:

1. Hologic has developed a tube, cap and multitube unit consumables products for performing molecular diagnostic tests on the Panther and Panther Fusion systems. Under the contract, Hologic will increase production of these parts from 4.8 million COVID19 tests per month to 6.8 million tests per month.

2. The contract has a ceiling of $7.6 million.

3. Hologic expects to deliver the increased consumables volume to the market by January 2021.

4. There are now 1,100 Panther and Panther Fusion sys
tems installed across the U.S., and each perform more than 1,000 tests per day.

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