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Lumos Diagnostics Expands FebriDx® Distribution to the Baltic Region

Story Highlights
  • Lumos Diagnostics develops point-of-care diagnostic tests focused on improving healthcare solutions.
  • Lumos partners with Interlux to distribute FebriDx® in the Baltics, boosting its European market reach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lumos Diagnostics Expands FebriDx® Distribution to the Baltic Region

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The latest update is out from Lumos Diagnostics Holdings Ltd. ( (AU:LDX) ).

Lumos Diagnostics has entered into a distribution partnership with Interlux Group to expand the availability of its FebriDx® point-of-care diagnostic test in the Baltic region, covering Lithuania, Estonia, and Latvia. This collaboration strengthens Lumos’ presence in Europe, aligning with its strategy to broaden the reach of FebriDx® through established regional partners and enabling quicker adoption in primary care and other healthcare settings.

The most recent analyst rating on (AU:LDX) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Lumos Diagnostics Holdings Ltd. stock, see the AU:LDX Stock Forecast page.

More about Lumos Diagnostics Holdings Ltd.

Lumos Diagnostics specializes in rapid, point-of-care diagnostic testing technologies and offers both customized assay development and proprietary tests targeting infectious and inflammatory diseases. The company aims to enhance healthcare decisions through innovative diagnostic solutions.

Average Trading Volume: 4,667,047

Technical Sentiment Signal: Buy

Current Market Cap: A$185M

See more insights into LDX stock on TipRanks’ Stock Analysis page.

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