Co-Diagnostics (CODX) $5 Million Registered Direct Offering of Common Stock

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Co-Diagnostics Announces $5.0 Million Registered Direct Offering Priced At-the-Market

January 24, 2020 8:00 AM EST

SALT LAKE CITY--(BUSINESS WIRE)-- Co-Diagnostics, Inc. (Nasdaq: CODX), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, today announced that it has entered into definitive agreements with institutional investors for the purchase of 3,448,278 shares of its common stock, at a purchase price per share of $1.45, in a registered direct offering priced at-the-marked under the Nasdaq rules. The closing of the offering is expected to occur on or about January 28, 2020, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is... More

Co-Diagnostics, Inc. Designs Test for New Coronavirus Using CoPrimerâ„¢ Platform

January 23, 2020 6:30 AM EST

Proprietary Company design process facilitates rapid response to health emergencies

SALT LAKE CITY--(BUSINESS WIRE)-- Co-Diagnostics, Inc. (Nasdaq: CODX), a molecular diagnostics company with a unique, patented platform for the development of diagnostic tests, announced today that it has completed principle design work for a PCR screening test for new coronavirus, 2019-nCoV, intended to address potential need for detection of the virus.

An outbreak of respiratory illness caused by the pneumonia-like 2019-nCoV has spread rapidly over the past two weeks, after first being discovered in the... More