09.08.2021 SYNLAB AG  DE000A2TSL71

DGAP-News: German COVAG Study proves significant inaccuracy of rapid antigen tests in detecting SARS-CoV-2 variants and when applied to medium to low viral loads


 

DGAP-News: SYNLAB AG / Key word(s): Study results/Study
German COVAG Study proves significant inaccuracy of rapid antigen tests in detecting SARS-CoV-2 variants and when applied to medium to low viral loads

09.08.2021 / 08:30
The issuer is solely responsible for the content of this announcement.


SYNLAB AG
Moosacher Straße 88
80809 Munich
Germany



German COVAG Study proves significant inaccuracy of rapid antigen tests in detecting SARS-CoV-2 variants and when applied to medium to low viral loads

  • The COVID-19 Antigen Study (COVAG Study), conducted by SYNLAB, the Universities of Heidelberg and Graz, and a large COVID-19 test centre in Stuttgart, is one of the most comprehensive systematic evaluations of rapid antigen testing in a real-life setting
  • The COVAG Study confirms a significantly lower accuracy of rapid antigen tests compared to PCR tests, determining the actual sensitivity of rapid antigen tests at about 60 percent
  • Study results imply that rapid antigen tests have a lower sensitivity when testing for new virus variants
  • Effectiveness of rapid antigen tests as a tool to control the pandemic is limited

SYNLAB, Europe's leading medical diagnostic services provider, collaborated with researchers from the Universities of Heidelberg and Graz, and a large COVID-19 test centre in Stuttgart to conduct the COVID-19 Antigen Study (COVAG Study). The COVAG Study is one of the most comprehensive field research studies to systemically assess the actual sensitivity and specificity of rapid antigen tests.

The results indicate that the actual sensitivity of two commonly used rapid antigen tests considered reliable, are only at 60.4 and 56.8 percent, respectively, compared to PCR tests. In addition, for the first time the COVAG Study identified a variant-dependency of rapid antigen tests: the sensitivity of the tests is significantly lower when detecting the alpha variant compared to their sensitivity when detecting the SARS-CoV-2 wild-type.

338 out of 2,215 individuals participating in the study tested positive for SARS-CoV-2 using the PCR testing method. Of these 338 positive cases, however, the two rapid antigen tests only identified 204 and 192 participants, respectively, as virus carriers. In other words, rapid antigen tests missed four out of ten individuals who tested positive for SARS-CoV-2 with PCR tests. Here, the viral load was the most decisive factor for the detection of the virus. Only individuals with a very high viral load (CT value <= 20) were reliably detected as virus carriers by rapid antigen tests. The virus, however, already spreads at a medium to low viral load.

In addition, the COVAG Study was the first to investigate variant dependence of rapid antigen tests in samples with moderate to high viral loads (CT value <= 30). For the SARS-CoV-2 wild-type, the two rapid antigen tests' sensitivity was determined with 87.7 and 84.0 percent, respectively. Yet, for the alpha variant the same tests' sensitivity was only at 77.1 and 72.3 percent, respectively. Compared to other circulating variants, however, the alpha variant has the lowest structural deviation from the SARS-CoV-2 wild-type. Accordingly, it can be assumed that the sensitivity of rapid antigen tests is also significantly lower for other virus variants than for the original wild-type. Meanwhile, however, the latter has been completely displaced by the spread of new variants.

Univ.-Prof. Dr. Winfried März, co-author of the COVAG Study and project lead at SYNLAB, emphasises: "The COVAG Study provides valuable scientific findings regarding the properties of rapid antigen tests. Only with targeted and reliable testing, we can detect infections at an early stage and interrupt chains of infections early on. Given the potentially decreasing sensitivity of rapid antigen tests with virus variants, it is crucial to carefully consider in which cases the speed of rapid antigen tests remains preferable to the significantly higher accuracy of PCR tests. We need to minimise the risk of false certainty from false test results."

The COVAG Study was conducted from February 1st to March 31st, 2021, at the Cannstatter Wasen Test Center in Stuttgart, Germany.

The full COVAG Study can be read here.

 

For more information:

Media contact:
Diana Tabor, FTI Consulting   
+49 (0) 151 466 938 56
[email protected]
Investor contact:
Mark Reinhard, SYNLAB
+49 (0) 170 118 375 3
[email protected]


About SYNLAB

  • SYNLAB, (ISIN: DE000A2TSL71, SYMBOL: SYAB) is the largest European clinical laboratory and medical diagnostic services company and offers a full range of innovative and reliable medical diagnostics for patients, practising doctors, clinics and the pharmaceutical industry.
  • Providing the leading level of service within the industry, SYNLAB is the partner of choice for diagnostics in human and veterinary medicine. The Group continuously innovates medical diagnostic services for the benefit of patients and customers.
  • SYNLAB operates in 36 countries across four continents and holds leading positions in most markets. More than 20,000 employees, including over 1,200 medical experts, as well as a large number of other specialists such as biologists, chemists and laboratory technicians, contribute every day to the Group's worldwide success. SYNLAB carries out ~500 million laboratory tests per year and achieved revenues of EUR 2.6 billion in 2020.
  • More information can be found on www.synlab.com


09.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SYNLAB AG
Moosacher Straße 88
80809 Munich
Germany
Phone: +49 1701183753
E-mail: [email protected]
Internet: www.synlab.com/
ISIN: DE000A2TSL71
WKN: A2TSL7
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1224808

 
End of News DGAP News Service

1224808  09.08.2021 

fncls.ssp?fn=show_t_gif&application_id=1224808&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 0,00 1.807,90 1.906,10 2.621,20 3.764,92 3.250,52 2.635,16
EBITDA1,2 0,00 382,90 397,40 679,20 1.179,89 532,98 353,28
EBITDA-Marge3 0,00 21,18 20,85 25,91 31,34 16,40
EBIT1,4 0,00 138,80 71,90 315,50 914,53 231,68 59,16
EBIT-Marge5 0,00 7,68 3,77 12,04 24,29 7,13 2,25
Jahresüberschuss1 0,00 -42,10 -108,00 259,10 627,54 152,52 92,96
Netto-Marge6 0,00 -2,33 -5,67 9,88 16,67 4,69 3,53
Cashflow1,7 0,00 120,30 238,60 904,70 1.011,70 629,63 363,13
Ergebnis je Aktie8 0,00 -0,19 -0,49 1,16 2,82 0,68 0,42
Dividende8 0,00 0,00 0,00 0,00 0,33 0,33 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
Synlab
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2TSL7 10,540 2.342,22
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
16,22 21,04 0,77 15,59
KBV KCV KUV EV/EBITDA
1,00 6,45 0,89 8,62
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,33 0,00 0,00 17.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 08.08.2024 07.11.2024 25.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-7,00% 0,60% -7,71% 10,25%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu SYNLAB AG  ISIN: DE000A2TSL71 können Sie bei EQS abrufen


Medtech , A2TSL7 , SYAB , XETR:SYAB