News Article | May 8, 2017
"This agreement demonstrates Roka's endorsement of the quality, performance and effectiveness of FoodChek's Actero™ Media. The time savings enabled by Actero™ media combined with the sensitivity of Roka's Atlas® system provides increased value to testing laboratories and food processors alike. This combination can result in superior production work flow, additional product shelf life and an improved financial bottom line to all end users," said Terry Macartney, Executive Vice President, Operations and Product Development of FoodChek. About FoodChek: FoodChek (www.foodcheksystems.com) specializes in the development and commercialization of proprietary, rapid, accurate and cost-effective food safety products. FoodChek's industry-leading proprietary Actero™ ELITE Enrichment Media is the foremost recovery process of stressed organisms in the sample enrichment media phase for the detection of pathogens in food and environmental samples. About Roka Bioscience: Roka Bioscience is a molecular diagnostics company focused on developing and commercializing advanced testing solutions for the food safety testing market. Our Atlas® Detection Assays incorporate our advanced molecular technologies and are performed on our "sample-in, result-out" Atlas® System that automates all aspects of molecular diagnostic testing on a single, integrated platform. The Atlas® System and Detection Assays are designed to provide our customers with accurate and rapid test results with reduced labor costs and improved laboratory efficiencies. For more information, visit http://rokabio.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/roka-bioscience-inc-announces-distribution-partnership-with-foodchek-systems-inc-300453521.html
News Article | May 11, 2017
Revenue for the quarter ended March 31, 2017 was $2.0 million compared with $1.6 million for the first quarter of 2016 and $1.9 million for the fourth quarter of 2016. The increase in first quarter revenue year-over-year resulted from a 26% increase in the number of pathogen detection tests sold to customers, driven by an increase in the number of Atlas® instruments placed with commercial customers. As of March 31, 2017, the Company had 54 instruments placed with customers under commercial agreements compared to 53 instruments as of December 31, 2016 and 44 instruments as of March 31, 2016. Total operating expenses for the first quarter of 2017 were $9.3 million compared with $9.4 million in the first quarter of 2016. Net loss for the first quarter of 2017 was $7.6 million, or $1.53 per share, compared with a net loss of $8.2 million, or $4.66 per share, in the first quarter of 2016. As of March 31, 2017, the Company had cash and cash equivalents and marketable securities of $16.2 million compared with $24.8 million at December 31, 2016. Roka Bioscience will host a conference call today at 4:30 p.m. Eastern Time to discuss these results and answer questions. During the conference call, material information concerning the Company, its operations, strategies and prospects may be discussed. To listen to the conference call live, go to http://rokabio.investorroom.com/ or dial 1-888-347-1331 for domestic callers and 1-412-902-4277 for international callers. A replay of the conference call will be available after the completion of the call by dialing 1-877-344-7529 (domestic) and 1-412-317-0088 (international). The replay access code is 10106769. An online archive of the conference call will also be available at . Roka Bioscience is a molecular diagnostics company focused on developing and commercializing advanced testing solutions for the food safety testing market. Our Atlas Detection Assays incorporate our advanced molecular technologies and are performed on our "sample-in, result-out" Atlas System that automates all aspects of molecular diagnostic testing on a single, integrated platform. The Atlas System and Detection Assays are designed to provide our customers with accurate and rapid test results with reduced labor costs and improved laboratory efficiencies. For more information, visit . This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act, as amended (the "Exchange Act"). These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions. Any statements contained herein (including, without limitation, statements to the effect that we "believe", "expect", "anticipate", "plan" and similar expressions) that are not statements of historical fact should be considered forward-looking statements and should be read in conjunction with the Condensed Financial Statements included in this press release and the discussion below. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties and other factors that could cause our actual results, levels of activity, performance or achievement to differ materially from those expressed or implied by these forward looking statements. There are a number of important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include those set forth in the company's filings with the Securities and Exchange Commission. We expressly disclaim any obligation to update any forward-looking statements, except as may be required by law. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release and, except as required by law, we undertake no obligation to update or review publicly any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/roka-bioscience-reports-first-quarter-2017-financial-results-300456345.html
News Article | May 17, 2017
DEERFIELD, IL--(Marketwired - May 17, 2017) - The 19th Annual Food Safety Summit, held last week in Rosemont, IL attracted nearly 1,700 registered food safety professionals and 190 exhibiting companies. During the four-day event, held at the Donald E. Stephens Convention Center, food safety professionals discussed the most pressing issues facing the food industry including Listeria, the implementation of the Food Safety Modernization Act, the Integration of the Nation's Food Safety System as well as reviewed case studies from recent foodborne illness outbreaks. The event kicked off on Monday, May 8th with six successful certification programs including Preventive Control courses for Human Food, Animal Food, Produce and Foreign Supplier Verification as well as Auditor Training and Seafood HACCP. "Last week, Rosemont was the place for the food safety industry offering informative and timely education sessions, buzz worthy special events, and the newest technologies and solutions for the industry," said Scott Wolters, Director for the Food Safety Summit. "We thank our Educational Advisory Board, our exhibitors, attendees, speakers, and press who came out to support this leading event which addresses the critical food safety issues facing processors, distributors, growers, retailers and foodservice operators." On Tuesday, May 9, Gillian Kelleher, vice president for food safety and quality assurance for Wegmans Food Markets, and Sharon Birkett, VP, North America Quality and Food Protection, OSI Group moderated a half day workshop addressing the Latest in Listeria Control. The dynamic panelists included Doug Craven, Hormel Foods; Natalie Dyenson, MPH, Dole Food Company, Inc.; Joe Stout, Commercial Food Sanitation; Ozgur Koc, Crunch Pak; Steve Tsuyuki, Maple Leaf Foods; Matt Henderson, Land O'Frost; Matthew Wise, MPH, Ph.D., CDC and Mickey Parish, FDA The afternoon workshops include the 3rd Annual AFDO Integration Forum which was hosted by Joe Corby; Preventive Controls & Sanitary Food Transportation Act (SFTA): The Basics and Sustainment, A Guide to Success as a Food Safety Professional and Integrated Food Safety System Update. The Welcome Reception, sponsored by Deloitte, offered attendees an opportunity to network with 190 vendors who showcased specialty products and services designed to help food safety professionals do their job more effectively and efficiently. Industry icon Dane Bernard moderated a dynamic panel of industry experts, on Wednesday morning, who discussed issues ranging from the implementation of FSMA, legal implications including litigation and the role of the Department of Justice to the impact of produce, foreign supplier verification and intentional adulteration during the opening day keynote session. Speakers on the keynote panel included Kathy Gombas, formerly of FDA; Dave Gombas, formerly of United Fresh Produce Association; Craig Wilson, Costco Wholesale Corporation; Jeffery Steger, Department of Justice; and Shawn Stevens, Food Industry Counsel, LLC On Thursday morning, during the 6th Annual Town Hall AFDO's Joe Corby, CDC's Dr. Robert Tauxe, USDA's Al Almanza, and FDA's Stephen Ostroff discussed how the agencies are working together on food safety initiatives and exciting new developments such as Whole Genome Sequencing which will have a revolutionary impact on the industry. The Town Hall was moderated by Gary Ades, President of G&L Consulting and Chairman of the Summit Educational Advisory Board. On Wednesday evening attendees enjoyed the Food Safety Summit Gives Back Networking Reception to benefit Feeding America. Chuck Wilson of BNP Media presented Mitzi Baum, Director of Food Safety for Feeding America with a donation of $8,000 to help provide 90,000 meals on behalf of the sponsors, speakers, exhibitors, and attendees. In addition, Sani Professional Food Safety Advisory Council presented the 2017 Sani Awards to Tracey McClure, Food Safety Specialist & Training Dept. Administrator, Jason's Deli; Jeremy Benedict, Quality Improvement and Training Coordinator, ASC of SUNY Cortland and Therese O'Connor, Asst. Director Training & Development, Cornell Dinning. "We were very pleased with our showing and support throughout the '17 FSS. Can't wait to begin discussing the 2018 plan!" said Matt Schiering, VP, General Manager, Sani Professional. Prior to the Town Hall, NSF International, a global public health and safety organization that provides food safety and quality assurance services across all food supply chain sectors, announced the recipients of the 2017 NSF Food Safety Leadership Awards. Recipients were Jack J. Guzewich, MPH Consultant and Trainer in Foodborne Disease Epidemiology and Food Emergency Response, David M. Theno, Ph.D. CEO/CBIO, Gray Dog Partners, Inc., and Lee-Ann Jaykus, Ph.D. William Neal Reynolds Distinguished Professor, Food Science, North Carolina State University. On the trade show floor, 190 exhibiting companies including Gold Sponsor Roka Bioscience, Silver Sponsor Alchemy Systems and Bronze Sponsor Eurofins met with attendees to showcase their new products and services. Two full days of presentations from exhibitors were offered in the Solutions Stage Theaters, as a chance for attendees to hear from subject matter experts about the newest solutions and technologies in food safety and security. Solutions Stage presentations were given by ACO Polymer Products, LUBRIPLATE Lubricants, Roka BioScience, Associated Wholesale Growers/ ReposiTrak, Mettler Toledo, Art's Way Scientific, Brother Mobile Solutions, TEGAM, Verse Solutions, TRI Air Testing, Magnifi Group, Sani Professional, Retokil Steritech, Abbott, Spirax Sarco, ComplianceMetrix, CompWALK, Siemens PLM Software and Detectamet. Plans are already being made for the 20th Anniversary of the Food Safety Summit which will again be held at the Donald E. Stephens Convention Center in Rosemont, IL from Monday, May 7 through Thursday, May 10, 2018. In addition, BNP Media will sponsor the Food Safety Summit Education Theater at PROCESS EXPO taking place September 19-22, 2017 at the McCormick Place Convention Center, Chicago, IL. For more information, on sponsorship or exhibiting opportunities call Chuck Wilson at 630-962-0078 or visit www.foodsafetysummit.com. Follow us on Twitter, LinkedIn and Facebook.
News Article | May 4, 2017
To listen to the conference call live, go to http://rokabio.investorroom.com/ or dial 1-888-347-1331 for domestic callers and 1-412-902-4277 for international callers. A replay of the conference call will be available after the completion of the call by dialing 1-877-344-7529 (domestic) and 1-412-317-0088 (international). The replay access code is 10106769. An online archive of the conference call will also be available at http://rokabio.investorroom.com/. Roka Bioscience is a molecular diagnostics company focused on developing and commercializing advanced testing solutions for the food safety testing market. Our Atlas Detection Assays incorporate our advanced molecular technologies and are performed on our "sample-in, result-out" Atlas System that automates all aspects of molecular diagnostic testing on a single, integrated platform. The Atlas System and Detection Assays are designed to provide our customers with accurate and rapid test results with reduced labor costs and improved laboratory efficiencies. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/roka-bioscience-to-report-first-quarter-2017-financial-results-on-may-11-2017-300451497.html
News Article | April 28, 2017
Sarasota, FL, April 28, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Food safety testing Market (traditional and rapid) by Technology, (pathogens, toxins, GMOs, pesticides and others) by contaminant, (meat & poultry, dairy, process food, fruit & vegetables and others) by Application - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, global demand for food safety testing market was valued at USD 4.8 billion in 2015, is expected to reach USD 8.04 billion in 2021 and is anticipated to grow at a CAGR of 7.8% between 2016 and 2021. Globally, food safety is a major concern for consumers due to the constant threat of foodborne illness. Food safety testing is necessary to achieve a certificate of analysis of raw food products and ready to eat foods at several stages of food processing. Customers are provided with food safety labels on food products to ensure quality and safety of products. Browse through 42 Market Tables and 42 Figures spread through 110 Pages and in-depth TOC on “Global Food safety testing Market: By Technology, Contaminant, Applications, Equipment, Companies, Size and Forecast, 2015 – 2021”. The global food safety testing market has been presenting tremendous growth with increasing foodborne illness worldwide. The market growth is driven by growing consumer awareness associated with food safety matters. Worldwide all regions experiencing food disease epidemic cases, the due occurrence of microbial pathogens and chemical contaminant. The key market players are experiencing escalating demand for food safety testing owing health issues and increasing awareness amongst customers. The food safety testing market is segmented based on technology, contaminant, application, and by region. Different technologies used for testing food safety include traditional technologies and rapid technologies. Due to some limitations of traditional food safety methods, rapid food testing technology accounted for a significant share of 2015 market. The pathogen is a leading contaminant segment in food safety market. Furthermore, GMO testing segment is expected to fastest growing segment over the forecast period. The key application covered under this study includes Meat & poultry, dairy, process food, Fruit & vegetables, and others. Among all, meat & poultry were the largest application segments that accounted for a significant share of global food safety testing market in 2015 and are expected to be the fastest growing segment for the predicted coming years. Browse the full "Food safety testing Market (traditional and rapid) by Technology, (pathogens, toxins, GMOs, pesticides and others) by contaminant, (meat & poultry, dairy, process food, fruit & vegetables and others) by Application - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/food-safety-testing-market Geographically, North America dominated the food safety testing market in 2015. The biggest share of this region can be attributed to various factors such as increased prevalence of food disease and rising government regulations. Europe is one of the major players in the food safety testing market due to increased awareness about government food safety policies in this region. Asia Pacific represents a region with a very large potential for food safety testing market due to increased emphasis on food securities in this regions. Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/food-safety-testing-market Biocontrol Systems Incorporated, 3M Company, Roka Bioscience, Bio-Rad Laboratories Incorporated, Agilent Technologies Incorporated, Douglas Scientific, IDDEX Laboratories INC, and Ecolab Incorporated are some of the leading profiles in the food safety testing market. The report segments the global food safety testing market as: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
News Article | June 9, 2017
The Marcum MicroCap Conference (www.marcummicrocap.com) is a nationally recognized forum for publicly traded companies with less than $500 million in market capitalization to network with fund managers and high net worth investors who focus on small cap equities. More than 2000 investors and other participants from every segment of the microcap marketplace attend each year, including venture and lower middle-market private equity investors, institutional investors, directors, investment bankers, and buy- and sell-side analysts, as well as senior executive teams from presenting companies and service providers to the microcap marketplace. Roka Bioscience is a molecular diagnostics company focused on developing and commercializing advanced testing solutions for the food safety testing market. Our Atlas Detection Assays incorporate our advanced molecular technologies and are performed on our "sample-in, result-out" Atlas System that automates all aspects of molecular diagnostic testing on a single, integrated platform. The Atlas System and Detection Assays are designed to provide our customers with accurate and rapid test results with reduced labor costs and improved laboratory efficiencies. For more information, visit http://rokabio.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/roka-bioscience-to-present-at-the-2017-marcum-microcap-conference-300471806.html
Roka Bioscience | Date: 2012-08-17
The invention features compositions, methods, and kits for detecting and distinguishing between yeast or mold in a sample suspected of being contaminated with yeast or mold.
Roka Bioscience | Date: 2013-12-31
The invention features a method for isolating a population of pathogenic E. coli cells. The method includes contacting a population of cells with a binding agent that specifically binds to an Ecf polypeptide, wherein the cells bound to the binding agent includes a population of pathogenic E. coli cells. Exemplary Ecf polypeptides include Ecf1, Ecf2, Ecf3, or Ecf4. Exemplary binding agents include antibodies and aptamers.
Roka Bioscience | Date: 2012-12-31
ECF, such as the ecf operon/gene cluster (e.g., ECF2-1- and ECF2-2 described herein) may be used to detect virulent STECs including virulent non-0157:H7 STEC and virulent non-0157:H7 EHEC. Use of this nucleic acid target, in combination with other targets, such as Z5866, rfb_(0157), wzx_(0157), wzy_(0157), Z0344, Z0372, SIL^(0157), and katP junction provides a robust, sensitive assay for distinguishing 0157:H7 from virulent non-0157:H7 STEC. Compositions, kits and methods used for the detection of E. coli STEC are further disclosed. Certain E. coli sequences were surprisingly efficacious for the detection of 0157:H7 and virulent non-0157 STECs, such as the big six: 026, 045, 0103, 0111, 0121, and 0145.
Roka Bioscience | Date: 2015-12-30
The invention relates to a method for testing a sample for the presence of a pathogenic Escherichia coli, the method including detecting the presence of (i) ecf and (ii) wzx and/or stx in the sample, wherein detection of (i) ecf and (ii) wzx and/or stx in the sample is taken as an indication that the sample includes pathogenic E. coli.