On September 9, 2020, Fulgent Genetics, Inc. (NASDAQ: FLGT), a technology company providing comprehensive testing solutions through its scalable technology platform, announced a new partnership with Miami-Dade County in Florida for COVID-19 testing.

Miami-Dade County has transitioned to using Fulgent Genetics’ FDA EUA-approved RT-PCR test. Results will be delivered to patients within 24 to 48 hours. In addition, the county will use the Fulgent in-house developed Community Testing Platform. This is a complete solution for managing drive-through testing sites, including the patient visiting the Fulgent-Miami-Dade website to choose a location, make an appointment, and complete a questionnaire. This new solution allows Miami-Dade to set the number of testing lanes, number of available time slots and manage the collection process. Fulgent’s reporting solution will then deliver reports directly to patients’ mobile phones. This system also includes heat maps and contact tracing functionality. Miami-Dade joins a long list of counties to use Fulgent’s Community Testing Platform including, but not limited to Santa Clara County, San Bernardino County, Los Angeles County, City of Long Beach and Orange County.

“Miami-Dade residents now have improved access to reliable and fast COVID-19 testing. Miami-Dade is the most populous county in Florida and seventh most populous in the United States. We are incredibly happy to partner with the county in their tremendous efforts to combat this virus,” commented Brandon Perthuis, Chief Commercial Officer of Fulgent Genetics. “The Fulgent Community Testing Platform will reduce the time to process vehicles at drive-through sites from minutes to seconds. We believe the process is similar to buying coffee with a QR code on your cell phone; cars drive up, show their phone, scan the kit, self-administer the shallow nasal swab and drive off. This allows for many more appointments to be available with shorter wait times. After Fulgent receives the sample, results are available within 24 to 48 hours. We believe this combination of delivering the gold-standard RT-PCR test at scale, in timely fashion, combined with a management system that makes the process seamless for everyone, is key to a successful testing protocol,” Perthuis added.

“Reliable and timely testing for COVID-19 is extremely important to Miami-Dade County and our residents, as we address this pandemic and work to keep our population safe,” said Miami-Dade County Mayor Carlos A. Gimenez. “Rapid turnaround times for testing are vital to limiting the spread of COVID-19, and Fulgent Genetics promises efficient processing, within 24 to 48 hours of receipt of the sample.”

With students returning to school, the largest public school district in the U.S. has a new partnership to test students for Covid-19. Fulgent Genetics, a small cap stock, will provide testing kits to thousands of New York City public school students over the next several months. Brandon Perthuis, chief commercial officer of Fulgent Genetics, joins “Squawk Box” to discuss.

Source: https://www.youtube.com/watch?v=Yx35x_dVJsA

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