Pandemic pressures continue to produce unprecedented action from the FDA. The current imperative is to clear assays and collection kits for rapid and easy screening, including products that can be … [Read more...]
M&A Report
PerkinElmer Turns COVID Cash into Acquisitions While Myriad Genetics Keeps Divesting
June 14, 2021
After a frantic month marked by an unusually high number of blockbusters, M&A deal making was relatively slow in May in terms of both deal volume and value. Still, the pace of strategic M&A … [Read more...]
DX Deals
Labs Cutting Deals to Provide Pooled COVID-19 Testing for Schools
June 14, 2021
As schools return to in-person learning environments, communities across the country are turning to COVID-19 testing programs to monitor and contain the virus. Although, more and more teachers, … [Read more...]
Inside the Lab Industry
COVID-19 Continues Driving Growth but in a New Way as Core Revenues Rebound
June 14, 2021
The earnings narrative for Q1 is essentially the combination of growing COVID-19 revenues, albeit at a slightly slower pace than the previous quarter, and the continued recovery of non-coronavirus … [Read more...]
Increasing Revenue
Manufacturers Wait Anxiously for CMS Decision on Automatic Medicare Coverage of MCIT Breakthrough Devices
June 8, 2021
Makers of innovative medical devices makers will remain on pins and needles after CMS’s decision to once more delay a final rule that would automatically provide initial Medicare coverage for new … [Read more...]
Increasing Revenue
New Colorectal Cancer Screening Guidelines Are a Windfall for Exact Sciences, Cologuard
June 8, 2021
If you held stock in Exact Sciences on May 17, chances are you went to bed happy on May 18. It was on May 18 that a U.S. government taskforce officially announced a change in its guidelines for … [Read more...]
Current Issue of LIR
June 1, 2021
Before You Download Please read the following user agreement and confirm your acceptance of the terms before you download LIR content: I agree that I am the the only person who is accessing my … [Read more...]
FDA Watch
Agency Okays COVID-19 Blood Spot Self-Collection & Molecular Test Pooling
May 19, 2021
Pandemic pressures continue to produce unprecedented action from the FDA. The current imperative is to clear assays and collection kits for rapid and easy screening, including products that can be … [Read more...]
M&A Report
Thermo Fisher, Siemens Healthineers and DiaSorin Headline a Super Dynamic Month in Deal Making
May 19, 2021
After a prolonged pandemic-induced lull, M&A deal making in the diagnostics market continued its resurgence in April. Here’s a review of what was clearly the most dynamic month in M&A since … [Read more...]
DX Deals
Eurofins Teams with Uber for Home Delivery of COVID-19 Test Kits
May 19, 2021
At-home COVID-19 testing and sample collection is becoming so big that it’s drawing players from outside the lab testing market. And it’s not just the Walgreens, Walmarts, Amazons and other retailers … [Read more...]
