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QIAGEN Reports Third Quarter 2012 Results

Progress on strategic initiatives to drive growth and innovation is paying off in improved performance and building momentum during 2012. QIAGEN is delivering sales and adjusted earnings growth at a faster pace in 2012, reaping the benefits of leveraging QIAGEN's leadership in Sample & Assay Technologies to (1) drive platform success, especially with the modular QIAsymphony automation platform; (2) add test content for use in all customer classes; (3) broaden geographic presence, especially in emerging markets; and (4) grow efficiently and effectively.

Drive platform success

A key element of QIAGEN's growth strategy is securing placements around the world of the QIAsymphony automation platform, the industry's first modular sample-to-result system that can process commercial assays as well as a broad range of laboratory-developed tests. Customer interest for this system continues to grow, particularly in Asia-Pacific and emerging markets, due to its industry-leading profile and capabilities for use by a broad range of customers.

QIAGEN is well on track to achieve its year-end 2012 target for cumulative placements of more than 750 QIAsymphony automation platforms, adding more than 200 new systems during the year to build on the installed base of over 550 systems worldwide at the end of 2011. The Rotor-Gene Q MDx real-time PCR cycler, one of the modules in the QIAsymphony family, has received U.S. regulatory approval for use in healthcare laboratories with two QIAGEN diagnostic tests so far in 2012. In Applied Testing, the QIAsymphony RGQ platform received validation from an independent food safety organization, the AOAC Research Institute, for processing the mericon ® Salmonella spp. kit in an automated workflow from food sample to final result.

Add content

QIAGEN is adding novel content for use on a broad range of instruments in its portfolio, particularly Rotor-Gene Q as part of the successful rollout of the QIAsymphony platform.

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