We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
QIAGEN's (QGEN) New QCI Interpret Release Enhances AI Functions
Read MoreHide Full Article
QIAGEN N.V. (QGEN - Free Report) recently unveiled a new version of its clinical decision support software, QIAGEN Clinical Insight Interpret (QCI Interpret), which brings significant performance and scalability enhancements for high-throughput, next-generation sequencing (NGS) labs moving to larger test panels and higher test volumes. The improvements accelerate the critical lab performance criteria for turnaround time, diagnostic yield and quality results.
To date, QCI Interpret has analyzed and interpreted more than 4 million NGS patient test cases for oncology and hereditary diseases worldwide and processed above 850,000 clinical samples annually. It has emerged as the preferred choice for labs and organizations of all sizes globally due to its consistency, accuracy and superior content.
More on the News
The latest QCI Interpret release builds upon its advanced artificial intelligence (AI) capabilities, including AI-derived literature searches and AI-trained phenotype-driven ranking, to introduce unprecedented workflow scalability and seamless test menu expansion. It includes a Bulk Change Tool that enhances variant assessment speed and efficiency by enabling simultaneous assessment of multiple variants, resulting in a six times faster assessment compared to manual variant assessment.
Image Source: Zacks Investment Research
The release introduces a new feature that allows users to flag co-occurring variants with therapeutic significance early in the workflow to ensure the lab and ordering physician are informed of actionable and relevant variants. In addition, enhancements such as new tools for user group coordination and communication allow labs to customize the test organization strategy, providing a more personalized and efficient workflow. The new features are available to existing customers from Jun 2, 2024 onward.
Relevance of the New QCI Interpret Release
NGS is changing the genomics landscape with rapid adoption and advancement within the industry. The senior vice president of QIAGEN Digital Insights highlights the replacement of single gene tests and small gene panels with large, comprehensive gene panels and even whole exome and genome sequencing, leading to an immense amount of data to interpret. The latest release of the QCI Interpret software will facilitate labs to scale up interpretation, identify and classify the most relevant variants more efficiently and find supporting evidence for clinical decisions faster.
Most NGS labs face rising demands to improve productivity, efficiency and scalability to handle growing test volumes while upholding high-quality results. In response to these challenges, QCI Interpret provides a unified system that can support the launch of additional panels without impacting turnaround times. The platform provides comprehensive content with high quality for quick review, smooth case and workflow management, improved reporting flexibility and easy team coordination and substantially lowers manual steps that save lab personnel considerable time.
Industry Prospects
Per a Research report, the global clinical decision support systems market was valued at $5.30 billion (estimated) in 2023 and is likely to witness a 10.8% CAGR through 2030.
These systems have surfaced as a promising method to improve patient outcomes and reduce overall healthcare costs. Furthermore, they also play a crucial role in personalized medicine, analyzing patient data, including their genetic profiles and medical histories, to form tailored treatment plans for individuals.
Notable Developments
Last month, QIAGEN achieved the European Union Technical Documentation Assessment and Quality Management System certificate under the European In Vitro Diagnostic Medical Device Regulation (“IVDR”) for an updated version of the QCI Interpret software. This is the first NGS interpretation platform to be certified under IVDR for both oncology and hereditary applications.
Price Performance
In the past year, QGEN shares have dropped 7.8% compared with the industry’s 11.7% fall.
Hims & Hers Heath stock has surged 196.9% in the past year. Estimates for the company’s earnings have moved upward from 18 cents to 19 cents in 2024 and remained constant at 33 cents in 2025 in the past seven days.
HIMS’ earnings beat estimates in three of the trailing four quarters and missed in one, delivering an average surprise of 79.2%. In the last reported quarter, it posted an earnings surprise of a staggering 150%.
Estimates for Medpace’s 2024 earnings per share have remained constant at $11.29 in the past 30 days. Shares of the company have surged 78.9% in the past year compared with the industry’s 5.9% growth.
MEDP’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 12.8%. In the last reported quarter, it delivered an earnings surprise of 30.6%.
Estimates for ResMed’s fiscal 2024 earnings per share have remained constant at $7.70 in the past 30 days. Shares of the company have declined 2.1% in the past year compared with the industry’s fall of 2.3%.
RMD’s earnings surpassed estimates in three of the trailing four quarters and missed in one, the average surprise being 2.8%. In the last reported quarter, it delivered an earnings surprise of 10.9%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
QIAGEN's (QGEN) New QCI Interpret Release Enhances AI Functions
QIAGEN N.V. (QGEN - Free Report) recently unveiled a new version of its clinical decision support software, QIAGEN Clinical Insight Interpret (QCI Interpret), which brings significant performance and scalability enhancements for high-throughput, next-generation sequencing (NGS) labs moving to larger test panels and higher test volumes. The improvements accelerate the critical lab performance criteria for turnaround time, diagnostic yield and quality results.
To date, QCI Interpret has analyzed and interpreted more than 4 million NGS patient test cases for oncology and hereditary diseases worldwide and processed above 850,000 clinical samples annually. It has emerged as the preferred choice for labs and organizations of all sizes globally due to its consistency, accuracy and superior content.
More on the News
The latest QCI Interpret release builds upon its advanced artificial intelligence (AI) capabilities, including AI-derived literature searches and AI-trained phenotype-driven ranking, to introduce unprecedented workflow scalability and seamless test menu expansion. It includes a Bulk Change Tool that enhances variant assessment speed and efficiency by enabling simultaneous assessment of multiple variants, resulting in a six times faster assessment compared to manual variant assessment.
Image Source: Zacks Investment Research
The release introduces a new feature that allows users to flag co-occurring variants with therapeutic significance early in the workflow to ensure the lab and ordering physician are informed of actionable and relevant variants. In addition, enhancements such as new tools for user group coordination and communication allow labs to customize the test organization strategy, providing a more personalized and efficient workflow. The new features are available to existing customers from Jun 2, 2024 onward.
Relevance of the New QCI Interpret Release
NGS is changing the genomics landscape with rapid adoption and advancement within the industry. The senior vice president of QIAGEN Digital Insights highlights the replacement of single gene tests and small gene panels with large, comprehensive gene panels and even whole exome and genome sequencing, leading to an immense amount of data to interpret. The latest release of the QCI Interpret software will facilitate labs to scale up interpretation, identify and classify the most relevant variants more efficiently and find supporting evidence for clinical decisions faster.
Most NGS labs face rising demands to improve productivity, efficiency and scalability to handle growing test volumes while upholding high-quality results. In response to these challenges, QCI Interpret provides a unified system that can support the launch of additional panels without impacting turnaround times. The platform provides comprehensive content with high quality for quick review, smooth case and workflow management, improved reporting flexibility and easy team coordination and substantially lowers manual steps that save lab personnel considerable time.
Industry Prospects
Per a Research report, the global clinical decision support systems market was valued at $5.30 billion (estimated) in 2023 and is likely to witness a 10.8% CAGR through 2030.
These systems have surfaced as a promising method to improve patient outcomes and reduce overall healthcare costs. Furthermore, they also play a crucial role in personalized medicine, analyzing patient data, including their genetic profiles and medical histories, to form tailored treatment plans for individuals.
Notable Developments
Last month, QIAGEN achieved the European Union Technical Documentation Assessment and Quality Management System certificate under the European In Vitro Diagnostic Medical Device Regulation (“IVDR”) for an updated version of the QCI Interpret software. This is the first NGS interpretation platform to be certified under IVDR for both oncology and hereditary applications.
Price Performance
In the past year, QGEN shares have dropped 7.8% compared with the industry’s 11.7% fall.
Zacks Rank and Key Picks
QIAGEN currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader medical space are Hims & Hers Health (HIMS - Free Report) , Medpace (MEDP - Free Report) and ResMed (RMD - Free Report) . While Hims & Hers Health sports a Zacks Rank #1 (Strong Buy), Medpace and ResMed carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks Rank #1 stocks here.
Hims & Hers Heath stock has surged 196.9% in the past year. Estimates for the company’s earnings have moved upward from 18 cents to 19 cents in 2024 and remained constant at 33 cents in 2025 in the past seven days.
HIMS’ earnings beat estimates in three of the trailing four quarters and missed in one, delivering an average surprise of 79.2%. In the last reported quarter, it posted an earnings surprise of a staggering 150%.
Estimates for Medpace’s 2024 earnings per share have remained constant at $11.29 in the past 30 days. Shares of the company have surged 78.9% in the past year compared with the industry’s 5.9% growth.
MEDP’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 12.8%. In the last reported quarter, it delivered an earnings surprise of 30.6%.
Estimates for ResMed’s fiscal 2024 earnings per share have remained constant at $7.70 in the past 30 days. Shares of the company have declined 2.1% in the past year compared with the industry’s fall of 2.3%.
RMD’s earnings surpassed estimates in three of the trailing four quarters and missed in one, the average surprise being 2.8%. In the last reported quarter, it delivered an earnings surprise of 10.9%.