Analyst Ratings
OraSure Settles HIV Test Patent Lawsuit
BETHLEHEM, Pa. (AP) — OraSure Technologies Inc., which makes diagnostic kits to detect HIV and drug use, said Thursday it will pay Inverness Medical $3 million to settle a patent dispute over HIV tests.
Under the deal, OraSure settles the lawsuit filed against the company by Inverness and Church & Dwight Co., with Inverness receiving $3 million in cash. The companies are also granting each other distribution rights to certain products, including HIV hepatitis C tests, and flu tests. OraSure now expects a fourth-quarter loss of 10 cents to 11 cents per share because of the legal charge. On average, analysts surveyed by Thomson Reuters forecast a quarterly loss of 8 cents per share. The estimates typically exclude one-time charges. Shares of OraSure fell 15 cents, or 3.5 percent, to $4.19 in midday trading. The stock has traded between $2.16 and $4.55 over the last 52 weeks.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,393.45 | 1,310.33 | 2,827.34 | 14.60 |
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