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Inverness Medical Innovations Receives USDA Licensure of the BinaxNOW(R) Avian Influenza Virus Type A Antigen Test Kit
Date:8/11/2008

WALTHAM, Mass., Aug. 11 /PRNewswire-FirstCall/ -- Inverness Medical Innovations, Inc. (Amex: IMA), a leading provider of near-patient diagnostics, monitoring and health management solutions, announced today that it has received licensure from the United States Department of Agriculture (USDA) to manufacture, market and distribute the BinaxNOW(R) Avian Influenza Virus Type A Antigen Test Kit. Test results are available in 15 minutes compared to traditional methods, which can take days to produce results.

Responding to a USDA-identified need for a rapid influenza test for veterinary use, Inverness sought and has now obtained USDA clearance for testing in avian species. Inverness is the only manufacturer to have two versions of their rapid antigen test kit for influenza: one USDA licensed for veterinary use and the other FDA cleared for human use.

The BinaxNOW AI Antigen Test is an easy-to-use, rapid immunochromatographic test (ICT) that detects influenza A nucleoproteins in chicken, turkey and duck samples. No specialized equipment or training is necessary. Use of the BinaxNOW AI test enables early and accurate identification of influenza A nucleoproteins, facilitating the implementation of appropriate and cost-effective action plans.

Worldwide, many strains of avian influenza virus (AIV) can cause varying degrees of disease in poultry. Some strains are extremely infectious and a fatal form of the disease can spread rapidly from flock to flock. The prominent subtypes of avian influenza viruses include H5 and H7. The BinaxNOW AI Antigen Test is capable of detecting all subtypes, including H5 and H7.

Effective and timely detection of AIV is not only important for the protection of animals and our food supply, but infections with these viruses can occur in humans. According to the CDC, the risk to humans from avian influenza is generally low. However, confirmed cases of human infection from several subtypes of avian influenza infection have been reported since 1997. Thus, early identification and effective management of infected animals may have important benefits for human health worldwide.

By developing new capabilities in near-patient diagnosis, monitoring and health management, Inverness Medical Innovations enables individuals to take charge of improving their health and quality of life. A global leader in rapid point-of-care diagnostics, Inverness' products, as well as its new product development efforts, focus on infectious disease, cardiology, oncology, drugs of abuse and women's health. Inverness is headquartered in Waltham, Massachusetts.

For more information about Inverness Medical Innovations, please visit our website at http://www.invernessmedical.com .

This press release may contain forward-looking statements within the meaning of the federal securities laws, including statements regarding the potential benefits of the new product. These statements reflect Inverness' current views with respect to future events and are based on its management's current assumptions and information currently available. Actual results may differ materially due to numerous factors including, without limitation, risks associated with market acceptance of the product; Inverness' ability to successfully manufacture and distribute the product; Inverness ability to secure and maintain the regulatory approvals or clearances necessary to sell the product in various markets; and the risks and uncertainties described in Inverness' annual report on Form 10-K, and other factors identified from time to time in its periodic filings with the Securities and Exchange Commission. Inverness undertakes no obligation to update any forward-looking statements contained herein.


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SOURCE Inverness Medical Innovations
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