Special Situation Report:

Date: October 7, 2005

Newsbreak !

Quidel Corporation Receives 2005 Growth Strategy Leadership of the Year Award From Frost & Sullivan

10/6/2005 - PALO ALTO, Calif., Frost & Sullivan's recent analysis, US Rapid Microbiology Tests Markets, selected Quidel Corporation (Nasdaq: QDEL) as the recipient of the 2005 Growth Strategy Leadership Award in the point of care (POC) diagnostic tests market. Frost & Sullivan will present Quidel with this Award at the annual Excellence in Pharmaceuticals and Life Sciences Awards Banquet held in Miami. The Award, unveiled in Frost & Sullivan's recent analysis, U.S. Rapid Microbiology Test Markets, is a result of Quidel's proven growth, technological innovation and leadership. Click here for more information concerning this exciting press release.

Our Feature Profile:

Quidel Corporation

(NasdaqNM: QDEL)


Company Profile

Quidel Corporation serves to enhance the health and well being of people around the globe through the discovery, development, manufacturing and marketing of rapid diagnostic solutions at the point of care (POC) in infectious diseases and reproductive health. Marketed under the leading brand name of QuickVue®, the portfolio currently includes tests that aid in the diagnosis of several disease or condition states, including influenza, Strep A, pregnancy, bacterial vaginosis, infectious mononucleosis, H. pylori and chlamydia. Quidel's products are sold to healthcare professionals with a focus on the physician office lab and acute care markets through leading medical distribution partners on a worldwide basis. Quidel's Specialty Products Group (SPG) develops research products in the fields of oncology and bone health with future point-of-care applications. By building value in rapid diagnostic tests, Quidel provides leadership to the industry and among healthcare professionals allowing for the movement of patient testing out of the central laboratory setting and into the physician office, urgent care and other outpatient settings where rapid testing and treatment has an impact on clinical outcomes and provides an economic benefit.


Company Web Site:

Click on the links to the various sections covered on the Company's web site:


Key Management:

  • Ms. Caren L. Mason, Chief Exec. Officer, President, and Director
  • Mr. Paul E. Landers, Chief Financial Officer, Principal Accounting Officer
  • Mr. Mark E. Paiz, Chief Operating Officer
  • Dr. Thomas J. Foley Ph.D., Chief Technology Officer
  • Mr. Robert J. Bujarski, VP — VP and Gen. Counsel


Business Summary:

Quidel Corporation engages in the development, manufacture, and marketing of point-of-care (POC) rapid diagnostic solutions for infectious diseases and reproductive health. Its POC and diagnostic tests include QuickVue, QuickVue+, QuickVue Advance, RapidVue, BlueTest, and Metra. These products provide diagnostic information for acute and chronic conditions that affect women and their family's health. The company offers POC diagnostics for infectious diseases, such as Influenza, Group A Strep, Helicobacter pylori, and Mononucleosis; Reproductive Health, which include Pregnancy, Chlamydia, and Bacterial Vaginosis; and Bone Health and Oncology. Quidel’s products under development include Strep A web, respiratory syncitial virus test, LTF technology platforms, and QuickVue advance pH and amines test. The company incorporates immunoassay, enzymology, biochemistry, and microbiology technology into its diagnostic products. It markets its products to its customers through a network of distributors supported by a direct sales force in the United States, and through distributors and sales agents primarily in Japan, Europe, and Latin America. Quidel sells its products to professionals for use in physician offices, hospitals, clinical laboratories, and wellness screening centers. The company was founded in 1979 and is headquartered in San Diego, California.


SEC Filings:

Edgar search results for all of QDEL's recent SEC filings can be found at: http://finance.yahoo.com/q/sec?s=QDEL


Share Structure:

Exchange and SymbolNasdaqNM: QDEL
Recent Price$10.48, October 7, 2005
52-week High - Low$10.48 (high) - $3.45 (low)
Average Volume271K
Market Capitalization344.5M
Industry SectorDiagnostic Substances in the Healthcare Sector


Latest Press Releases:

10/06/05 Quidel Corporation Receives 2005 Growth Strategy Leadership of the Year Award From Frost & Sullivan
09/26/05 Quidel Announces Strategic Business Partnerships at ASBMR Conference
09/15/05 Quidel Joins Fight for Early Detection of Colon Cancer
08/15/05 Study Validates Sensitivity of Quidel Rapid Test to Detect Bacterial Vaginosis


Contact Information:

Quidel Corporation
10165 McKellar Court
San Diego, CA 92121
Phone: 800-874-1517
Fax: 858-552-1100
E-mail: ir@quidel.com
Web Site: www.quidel.com


Technical Analysis


Conclusion

Quidel Corporation is a leader in the development, manufacturing, and marketing of point-of-care rapid diagnostic solutions for infectious diseases and reproductive health. The distribution of its products is supported by a sales force that is reaching out not only within the U.S., but Internationally (i.e., Japan, Europe, and Latin America) as well. We believe QDEL is a solid investment opportunity and shows outstanding growth potential. If the Company adheres to its overall plan, and strives for a successful future, investors will be rewarded for having invested in the Company.





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