UTStarcom Holdings Corp (NASDAQ:UTSI) announces plans for partnership with Korea’s DASAN Networks; will explore joint product design, development and marketing. UTStarcom Holdings Corp (NASDAQ:UTSI) announced plans to partner with DASAN Networks of Korea to explore ways of collaborating that will help both companies bring competitive products to market that serve the increasingly complex needs of cable TV, mobile and telecommunications carriers. The two companies signed a MOU at the Optical Fiber Conference 2014 in San Francisco last week to explore a strategic partnership through which they could collaborate on the design, development, manufacturing and marketing of telecommunications infrastructure products. It stems from both companies’ desire to create products that help carriers roll out new revenue generating services quickly and efficiently while significantly reducing expenses.
Becton, Dickinson and Co. (NYSE:BDX) segment, BD Diagnosstics, receives 510(k) clearance and clinical laboratory improvement amendments waiver from the FDA for nasopharyngeal swab specimens on the BD Veritor System for Rapid Detection of Respiratory Syncytial Virus. Becton, Dickinson and Co. (NYSE:BDX) announced that it received 510(k) clearance and Clinical Laboratory Improvement Amendments (:CLIA) waiver from the U.S. Food and Drug Administration (:FDA) for nasopharyngeal swab specimens on the BD Veritor System for Rapid Detection of Respiratory Syncytial Virus (:RSV). This is the first commercially available rapid CLIA-waived RSV test system that incorporates a digital result. The new assay is cleared for use in physician offices, hospitals, and other patient-care settings.
“Early and reliable detection of RSV is critical among high-risk populations to treat and prevent the spread of this contagious virus and hospitalizations,” said Alberto Mas, President, BD Diagnostics — Diagnostic Systems. “The CLIA-waived BD Veritor System for Rapid Detection of RSV has demonstrated good performance when compared to PCR, the highest reference lab based standard, while providing an objective test result in only 10 minutes.”
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