Great Basin Scientific, Inc. (Nasdaq: GBSN) announced it has initiated a clinical trial for its sample-to-result Bordatella Direct Test, which will detect, directly from patient specimen, Bordatella pertussis, a bacterium causing a highly contagious respiratory disease commonly known as whooping cough. This is the first of five clinical trials the Company plans to initiate in 2016.
“As we’ve committed to our customers and stockholders, 2016 is going to be a time of continued R&D progress and customer growth for Great Basin,” said Ryan Ashton, co-founder and Chief Executive Officer of Great Basin Scientific. “The on-time start of the clinical trial for our Bordatella Direct Test is indicative of our commitment to delivering on our menu targets and represents Great Basin’s dedication to meeting strategic objectives.”
Great Basin intends to submit its 510(K) Clearance application for the Bordatella Direct Test to the U.S. Food & Drug Administration (FDA) in the fourth quarter of this year, on-track with guidance previously issued by the Company.
=========================
This produced an 110% run in yesterday's trading session...
