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Eurofins Scientific SE. (10/14/21). "Press Release: $30m Contract for Expanded Oligo Capacity".

Region Region United States (USA)
Products Product oligo synthesis
  Product 2 SARS-CoV-2 diagnostic test
     


The Department of Air Force, in coordination with the Department of Health and Human Services (HHS), awarded a $30 million contract to Eurofins Genomics US to build a new production facility and expanded capacity for the manufacturing of reagents used in COVID-19 diagnostic tests.

The new facility will focus on the production of GMP grade synthetic DNA, also called oligonucleotides (oligos), for molecular diagnostic testing. Molecular testing is an extremely accurate method for identifying viruses and utilized by a wide array of different applications. In fact, all PCR-based COVID-19 tests are based on molecular technology and accredited as the most reliable type of COVID-19 test.

Oligos are a key reagent in molecular diagnostic testing but vulnerable to supply shortages. Producing synthetic DNA requires highly-regulated, high-throughput manufacturing. During spikes in demand, such as the current COVID-19 pandemic, oligo manufacturers face capacity constraints when meeting demand. This industrial expansion for Eurofins will significantly increase oligonucleotide production capacity. The partnership with DAF and HHS will solve a critical supply chain problem. The new facility will increase domestic production of oligos to combat current and future pandemics and empower a broader range of research in the molecular diagnostic field.

The new facility will be located next to Eurofins Genomics’ current facility in Louisville, KY, which is a logistical hub for the Eurofins Group in the United States. The strategic location of the new facility will enable fast and reliable distribution of these key reagents across the country, further mitigating supply chain issues and supporting domestic laboratory testing for COVID-19.


Notes to Editors:

For more information, please visit www.eurofins.com or contact:

Investor Relations
Eurofins Scientific SE
Phone: +32 2 766 1620
E-mail: ir@eurofins.com


About Eurofins – the global leader in bio-analysis

Eurofins is Testing for Life. Eurofins is the global leader in food, environment, pharmaceutical and cosmetic product testing and in agroscience Contract Research Organisation services. Eurofins is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. The Group also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

With 55,000 staff across a decentralised and entrepreneurial network of 900 laboratories in over 50 countries, Eurofins offers a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of a wide range of products, as well as providing innovative clinical diagnostic testing services and in-vitro diagnostic products.

The Group’s objective is to provide its customers with high-quality services, innovative solutions and accurate results on time. Eurofins is ideally positioned to support its clients’ increasingly stringent quality and safety standards and the increasing demands of regulatory authorities as well as the requirements of healthcare practitioners around the world.

In 2020, Eurofins reacted quickly to meet the global challenge of COVID-19, by creating the capacity to help over 20 million patients monthly who may have been impacted by the pandemic with our testing products and our services and directly supporting healthcare professionals working on the front line to fight the virus. The Group has established widespread PCR testing capabilities and has carried out over 25 million tests in its own laboratories, is supporting the development of a number of vaccines and has established its SAFER@WORK™ testing, monitoring and consulting programmes to help ensure safer environments, travel and events during COVID-19.

Eurofins has grown very strongly since its inception and its strategy is to continue expanding its technology portfolio and its geographic reach. Through R&D and acquisitions, the Group draws on the latest developments in the field of biotechnology and analytical chemistry to offer its clients unique analytical solutions.

Shares in Eurofins Scientific are listed on the Euronext Paris Stock Exchange (ISIN FR0014000MR3, Reuters EUFI.PA, Bloomberg ERF FP).

   
Record changed: 2023-06-05

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