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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Ams AG    AMS   AT0000A18XM4

AMS AG

(AMS)
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ams : Presents Advances in Lateral Flow Technology for Pandemic Control at Sensor Innovation Week

11/17/2020 | 12:04pm EST

ams keynote at Fierce Technology event demonstrates innovations in spectral sensing technology which improves rapid access and accuracy in the COVID-19 battle

ams (SIX: AMS), a leading worldwide supplier of high-performance sensor solutions, is driving efforts that will enable large-scale, fast, and highly reliable COVID-19 testing at the point of care (POC). The company’s spectral readout technology for Lateral Flow Immunoassays is used in PCR tests and now for antigen and antibody detection. Please join the upcoming virtual Fierce Technology Sensor Innovation Week Fall.

Tech Talk Keynote by ams AG:

  • Delivering Pandemic Control: How ams innovation in spectral sensing technology is improving rapid access, accuracy, and app-to-cloud connectivity for COVID-19
  • ams Featured Keynote Speaker: Wim Renirie, VP & General Manager for Accessory & Wearable Solutions
  • Wednesday, November 18, 2020 / 11:30 am - Noon ET
  • Register: The event is free; register here.

Abstract:

The capability to do large-scale, fast, and highly reliable testing at the point of care (POC) is key to overcoming the current pandemic situation. ams is driving these efforts forward through developing spectral readout technology for Lateral Flow Immunoassays for antigen (measuring saliva) and antibody (measuring blood) detection.

Since its initial development in the 1980s, Lateral Flow Test (LFT) technology has gained wide acceptance because the tests are compact and easy to use in a simple, cost-effective design. Vitally, they provide results within minutes without the need for laboratory equipment. However, their sensitivity as well as the possibility to provide deeper, quantitative results is limited when analyzed by the naked eye.

ams has developed a spectral readout module that addresses these challenges and drawbacks. Through spectral sensing, LFT test lines can now be objectively measured by a multi-channel sensor with spectral resolution, adding sensitivity and quantitative capabilities to the system without compromise on size, simplicity and fast, point-of-care results. In addition to improved measurement performance and user handling, the data can be digitized via an app and uploaded to the cloud, and therefore can become part of a pandemic monitoring system.

About the speaker:

Wim Renirie, VP & GM, Accessory & Wearable Solutions. Mr. Renirie holds a PhD in electrical engineering from the Technical University in Delft, the Netherlands. He holds two U.S. patents and has more than 25 years’ experience in the semiconductor industry. At ams his department is responsible for innovations and product developments in vital, spectral, and audio sensors.

About the Event:

Fierce Technology’s Sensors Innovation Week Fall is a free, three-day virtual event being held on November 16–18, 2020. It features dozens of speakers from across the sensors industry to define, discuss, and understand design challenges and sensor solutions. Each day will feature networking, keynotes, tech talks, breakout sessions, panels, and more.

Please click here for more information on the event.


© Business Wire 2020
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Financials
Sales 2020 3 382 M 4 116 M 4 116 M
Net income 2020 -43,5 M -52,9 M -52,9 M
Net Debt 2020 2 235 M 2 720 M 2 720 M
P/E ratio 2020 487x
Yield 2020 0,05%
Capitalization 5 522 M 6 722 M 6 720 M
EV / Sales 2020 2,29x
EV / Sales 2021 1,42x
Nbr of Employees 8 609
Free-Float 97,4%
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 22,60 €
Last Close Price 20,13 €
Spread / Highest target 47,6%
Spread / Average Target 12,3%
Spread / Lowest Target -40,6%
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Managers and Directors
NameTitle
Alexander Friedrich Everke Chief Executive Officer
Hans Jörg Kaltenbrunner Chairman-Supervisory Board
Thomas Stockmeier Chief Operating Officer
Ingo Bank Chief Financial Officer
Guido Klestil Honorary Chairman
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