Quidel Corporation (NASDAQ: QDEL), a leading provider of rapid point-of-care diagnostic tests, announced today that it currently anticipates its highest quarterly revenue and operating income in its history, driven by global shipments of its QuickVue® Influenza A+B tests in the third quarter of 2009. Demand for its market-leading tests accelerated during the third quarter, consistent with reports of escalating influenza-like illness in the U.S. Since the end of April 2009, the company has continued to manufacture flu tests seven days a week at its facility in San Diego and has the capacity to produce millions of additional tests per month to accommodate customer orders.
Quidel attributes the early demand for its rapid flu tests to a number of factors, as widely reported across the country: