OraSure Technologies launches HEMAcollect™●PROTEIN, an innovative blood collection tube for proteomic research, enhancing sample stability and integrity.
Quiver AI Summary
OraSure Technologies, Inc. announced the launch of its new HEMAcollect™●PROTEIN evacuated blood collection tube, designed to preserve and stabilize plasma proteins in whole blood for up to seven days, facilitating storage and transport at ambient temperatures. Created by its subsidiary DNA Genotek, this product aims to improve operational and financial efficiencies for proteomic researchers, providing reliable sample integrity and enhancing preanalytical workflows for various research applications in fields like oncology and cardiology. The tube incorporates ProteoPrecision™ technology to minimize hemolysis and platelet activation, ensuring accurate sample representation. Currently available for research use only, this innovation reflects OraSure's commitment to supporting high-quality scientific insights through enhanced sample management solutions.
Potential Positives
- OraSure Technologies announced the launch of their HEMAcollect™●PROTEIN product, which represents a significant advancement in blood sample collection for proteomic researchers, aimed at preserving and stabilizing plasma proteins for up to seven days.
- The new product is expected to enhance operational and financial efficiencies for proteomic researchers, thereby improving the quality of data generated in various research applications, including oncology and cardiology.
- HEMAcollect™●PROTEIN BCT is compatible with a broad range of proteomic technologies, allowing for versatile applications in scientific research and diagnostics.
- This launch underscores OraSure's commitment to innovation and improving health insights through advanced sample management solutions, reinforcing its position as a leader in the diagnostic and sample collection market.
Potential Negatives
- The product is currently only available for research use and not for diagnostic procedures, which may limit its market appeal and impact sales potential.
- The press release includes numerous "forward-looking statements," indicating potential uncertainties and risks regarding commercial success, regulatory approvals, and product efficacy, which could undermine investor confidence.
- Several known risks, such as competition and changes in healthcare funding, are reiterated, highlighting vulnerabilities in OTI's future performance.
FAQ
What is the HEMAcollect™●PROTEIN product?
The HEMAcollect™●PROTEIN is an evacuated blood collection tube designed to preserve plasma proteins for seven days.
How does the HEMAcollect™●PROTEIN benefit proteomic researchers?
This product enhances sample integrity, reduces hemolysis, and improves preanalytical workflows for high-quality research data.
Is the HEMAcollect™●PROTEIN available for diagnostic use?
No, it is currently available for research use only and not intended for diagnostic procedures.
Which technologies is the HEMAcollect™●PROTEIN compatible with?
It is compatible with mass spectrometry, immunoassays, and high-throughput affinity-based platforms.
How does OraSure Technologies support healthcare innovation?
OraSure Technologies provides innovative testing and sample management solutions to improve healthcare access, quality, and value.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OSUR Insider Trading Activity
$OSUR insiders have traded $OSUR stock on the open market 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $OSUR stock by insiders over the last 6 months:
- MANNER CARRIE EGLINTON (President & CEO) has made 2 purchases buying 107,295 shares for an estimated $347,404 and 0 sales.
- KENNETH J MCGRATH (Chief Financial Officer) purchased 64,000 shares for an estimated $201,683
- JOHN P. KENNY purchased 47,659 shares for an estimated $151,217
- NANCY J GAGLIANO purchased 12,750 shares for an estimated $39,270
- LELIO MARMORA purchased 7,000 shares for an estimated $21,420
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$OSUR Hedge Fund Activity
We have seen 71 institutional investors add shares of $OSUR stock to their portfolio, and 101 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRIVATE MANAGEMENT GROUP INC added 4,417,227 shares (+inf%) to their portfolio in Q1 2025, for an estimated $14,886,054
- CAMBER CAPITAL MANAGEMENT LP removed 3,350,000 shares (-78.8%) from their portfolio in Q1 2025, for an estimated $11,289,500
- JPMORGAN CHASE & CO added 1,157,417 shares (+147.8%) to their portfolio in Q1 2025, for an estimated $3,900,495
- GAGNON SECURITIES LLC added 1,073,771 shares (+inf%) to their portfolio in Q1 2025, for an estimated $3,618,608
- UBS GROUP AG removed 996,389 shares (-63.8%) from their portfolio in Q1 2025, for an estimated $3,357,830
- MILLENNIUM MANAGEMENT LLC removed 952,895 shares (-44.1%) from their portfolio in Q1 2025, for an estimated $3,211,256
- ARCHON CAPITAL MANAGEMENT LLC removed 827,777 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $2,789,608
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BETHLEHEM, Pa., July 10, 2025 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (“OTI”) (NASDAQ: OSUR), a leader in point-of-need and home diagnostic tests and sample management solutions, today announced the launch of its HEMAcollect™●PROTEIN product to meet the evolving needs of proteomic researchers. The product, developed by OTI subsidiary DNA Genotek, is an evacuated blood collection tube (BCT) designed to preserve and stabilize plasma proteins in whole blood for up to seven days.* Currently available for research use only**, the collection tube with its proprietary stabilizing liquid preserves plasma proteins, facilitating storage and transport of blood samples at ambient temperature, which are limitations of general blood collection tubes. It is anticipated that the use of the product for sample collection will deliver operational and financial efficiencies to proteomic researchers and support the generation of high-quality data.
"The HEMAcollect™●PROTEIN BCT represents a significant advancement in sample collection for proteomics, providing researchers with a reliable solution that preserves sample integrity and improves preanalytical workflows," said Carrie Eglinton Manner, President and CEO of OTI. "We're dedicated to enhancing the quality of insights for researchers through our innovative sample management solutions. The launch of this solution for blood proteomics applications is a clear reflection of that commitment and enables research applications in oncology, neurology, cardiology, metabolic disorders, and beyond.”
The HEMAcollect™●PROTEIN BCT, powered by ProteoPrecision™ technology, minimizes hemolysis and activation of platelets, ensuring the sample accurately reflects the body’s state at collection. It is compatible with a broad range of proteomic technologies including mass spectrometry, immunoassays, and high-throughput affinity-based platforms.
For more information, visit https://www.dnagenotek.com/us/products/proteomics/blood/hemacollect-protein-bct.html .
About OraSure Technologies
OraSure Technologies, Inc. (“OraSure” and “OTI”) transforms health through actionable insight and powers the shift that connects people to healthcare wherever they are. OTI improves access, quality, and value of healthcare with innovation in effortless tests and sample management solutions. Together with its wholly-owned subsidiaries, DNA Genotek Inc. and Sherlock Biosciences, Inc., OTI is a leader in the development, manufacture, and distribution of rapid diagnostic tests and sample collection and stabilization devices designed to discover and detect critical medical conditions. OTI’s portfolio of products is sold globally to clinical laboratories, hospitals, physician’s offices, clinics, public health and community-based organizations, research institutions, government agencies, pharmaceutical companies, and direct to consumers. For more information, please visit www.orasure.com .
About DNA Genotek
DNA Genotek, a subsidiary of OraSure Technologies, Inc., develops products that optimize ease of collection and provide superior samples and proven performance for those requiring high-quality biological samples. High-quality samples that are easily collected from target populations enable our customers to focus on translating their analysis and testing into significant worldwide advancements in health and science. DNA Genotek’s products are marketed worldwide and support thousands of customers as they achieve breakthroughs in genomic research, in diagnostics laboratories, in the pharmaceutical industry, in livestock and animal genomics, and in personal genomics. For more information about DNA Genotek, visit www.dnagenotek.com
Forward Looking Statements
This press release contains certain “forward-looking statements,” including with respect to products, product candidate development and regulatory authorizations and other matters. Forward-looking statements are based on current expectations of future events and are not guarantees of future performance or results. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from expectations and projections. Known and unknown factors that could cause actual performance or results to be materially different from those expressed or implied in these statements include, but are not limited to: uncertainty of commercial success; ability to manufacture or have manufactured products in accordance with applicable specifications, performance standards and quality requirements; uncertainty of regulatory approvals; ability to comply with applicable regulatory requirements; uncertainty relating to patent protection and potential patent infringement claims; impact of competitors, competing products and technology changes and patents obtained by competitors; reduction or deferral of public funding available to customers; competition from new or better technology or lower cost products; impact of negative economic conditions; changes in behavior and spending patterns of purchasers; trends toward healthcare cost containment; product efficacy or safety concerns resulting in product recalls or regulatory action; and changes to applicable laws and regulations. These and other factors that could affect our results are discussed more fully in our SEC filings, including our registration statements, Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q, and other filings with the SEC. Although forward-looking statements help to provide information about future prospects, readers should keep in mind that forward-looking statements may not be reliable. Readers are cautioned not to place undue reliance on the forward-looking statements. The forward-looking statements are made as of the date of this press release and OraSure Technologies undertakes no duty to update these statements.
* Stabilization is determined from a representative subset of plasma proteins.
** For research use only. Not for use in diagnostic procedures. Some DNA Genotek Inc. products are not available in all geographic regions. Customers must review the labels of sample collection devices and ensure compliance with their intended use.
Investor Contact:
Jason Plagman Vice President, Investor Relations [email protected] |
Media Contact:
Amy Koch Director, Corporate Communications [email protected] |