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Lumos Diagnostics’ FebriDx® Test Shows Promising Results in Reducing Antibiotic Use

Story Highlights
  • Lumos Diagnostics’ FebriDx® test reduces antibiotic prescriptions and healthcare costs.
  • FebriDx® enhances clinical decisions and addresses antimicrobial resistance challenges.
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Lumos Diagnostics’ FebriDx® Test Shows Promising Results in Reducing Antibiotic Use

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Lumos Diagnostics Holdings Ltd. ( (AU:LDX) ) has issued an update.

Lumos Diagnostics has released real-world data on its FebriDx® test, presented at the Primary Care Respiratory Society Annual Conference. The data highlights the test’s effectiveness in reducing antibiotic prescriptions, improving patient experiences, and generating significant cost savings for healthcare systems by distinguishing between viral and bacterial infections. This development underscores the potential of FebriDx® to enhance clinical decision-making, address antimicrobial resistance, and optimize healthcare resource utilization.

More about Lumos Diagnostics Holdings Ltd.

Lumos Diagnostics specializes in rapid and complete point-of-care diagnostic test technology to help healthcare professionals more accurately diagnose and manage medical conditions. The company offers customized assay development and manufacturing services for point-of-care tests and proprietary digital reader platforms, focusing on infectious and inflammatory diseases.

Average Trading Volume: 7,474,830

Technical Sentiment Signal: Buy

Current Market Cap: A$117.9M

Find detailed analytics on LDX stock on TipRanks’ Stock Analysis page.

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