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December 31, 2020

FYR Diagnostics Partners with The State of Montana to Expand COVID-19 Testing

Missoula Startup will Increase In-State Testing Capacity

FYR Diagnostics, a Missoula-based biotech company, has executed a contract with the State of Montana that will increase statewide COVID-19 testing capacity and reduce the time patients must wait to receive results. Adding FYR as a primary testing resource will keep test processing within Montana and alleviate pressure on the state laboratory in Helena.

“Even with the roll-out of vaccines, the need for fast, accurate, high-volume COVID-19 testing will continue for the foreseeable future,” said Dr. Sarj Patel, President of FYR. “We are committed to helping our community.”

The contract was the result of efforts to improve local testing options by the Montana COVID-19 taskforce, led by Major General Matthew Quinn, and by Jim Murphy from the Montana Department of Health. Patient samples from healthcare partners in Western Montana will be sent to FYR’s Missoula-based clinical diagnostic laboratory for processing using reverse transcription polymerase chain reaction (RT-PCR), considered the gold standard of COVID-19 testing.

FYR currently offers RT-PCR testing services to local and national healthcare providers, employers, and academic institutions. Rather than the state of Montana shipping a portion of samples to out-of-state laboratories as far away as Texas and North Carolina, FYR is available as a local testing option to process COVID-19 samples at FYR’s Missoula headquarters.

“We feel proud to be working more closely with the Montana state government and to expand our impact within our state,” said Dr. Chris Booth, CEO of FYR. “Our team has worked around the clock to not only establish a state-of-the-art clinical diagnostic lab, but to also develop sophisticated lab infrastructure that can support future state testing efforts beyond COVID-19.”

FYR Diagnostics was founded to develop next-generation tests for the early detection of human and agricultural diseases, but the company chose to redirect its efforts to help its community through the COVID-19 pandemic. The company is using its high throughput, automation-enabled testing infrastructure and its wealth of experience in PCR technologies to establish a testing platform that can be utilized even with shortages in lab testing supplies. FYR has put extensive effort into building strong relationships with suppliers to ensure a steady supply of consumables and reagents required for COVID-19 testing and has built and validated multiple sourcing contingency plans.

As the FYR team continues to service the state of Montana, their hiring needs are increasing. FYR has openings for four clinical lab technicians. To help fill these positions, FYR launched a clinical lab tech in training program. This program is geared to help those with research backgrounds gain experience in a clinical setting and earn clinical lab certifications through nationally recognized accreditation agencies.

“FYR Diagnostics has been great to work with” said Carol Bridges, MD of CostCare. “We are able to get our patients accurate and fast results which keeps our community safer.”

If your Montana-based organization is in need of COVID-19 testing, please reach out to FYR Diagnostics at covid19@fyrdiagnostics.com.

About FYR Diagnostics
FYR (pronounced “Fire”) Diagnostics is a Montana-based company focused on developing and commercializing novel technology for diagnostics and testing in human health, life sciences, and agriculture. FYR Diagnostics is currently developing diagnostic solutions for cancers, neurological disorders, agricultural diseases, and neonatal-associated syndromes. For more information, visit fyrdiagnostics.com.

Contact
FYR Diagnostics Inc
1121 E Broadway St.
Missoula, MT 59802
General Inquiries: press@fyrdiagnostics.com
COVID-19 Inquiries: covid19@fyrdiagnostics.com

Forward-Looking Statement
This release is intended for informational purposes only and should not be relied upon to make any investment decision, as it was prepared without regard to any specific objectives, or financial circumstances. This is not a solicitation to buy or sell any securities. This release is not intended to provide, and should not be relied upon for tax, legal, accounting, or investment advice. The forward-looking statements herein constitute an expression of opinion, which may or may not prove to be accurate.