Revvity Shares Rise on Launch of Child Type 1 Diabetes Screening Test

MT Newswires Live
09/24

Revvity (RVTY) shares rose 3.7% in Thursday trading after the company launched its GSP T1D 3plex kit, a fully automated test that helps identify children at risk of developing type 1 diabetes before symptoms appear.

The test uses dried blood spot samples and runs on Revvity's GSP instrument, enabling high-volume screening and potentially identifying at-risk individuals months or years before symptoms develop.

The kit will launch in Europe and other markets that accept CE-IVD-approved diagnostics. Revvity said the test is not cleared by the US Food and Drug Administration.

Price: 147.29, Change: +5.18, Percent Change: +3.65

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