QuidelOrtho Corporation (NasdaqGS:QDEL) is looking for inorganic options. Joseph Busky, Chief Financial Officer said, ?Looking at the next slide on our capital allocation priorities. Other than a strengthened focus on reducing debt and driving recurring free cash flow, obviously because of the previous slide I just showed you, these priorities are largely unchanged from what we've discussed for the last 2 years.

Number one, we're going to focus on investing back into the business and manufacturing capacity, supply chain resiliency, menu expansion of products and existing BUs, just making the overall company more efficient through business enablement tools, such as a combined ERP and other customer support tools. This organic view of growth as well as continuing to prudently evaluate inorganic options will drive long-term value of the company?.