CAPITAL

Industry Trends: New Report Sheds Light on DX Tech Capital Flows

The health care industry has raised $5 billion in venture fund investment in the first half of 2017 and is well on pace to smash the single year record of $7.5 billion set in 2015, according to … [Read more...]

CAPITAL

Grifols Takes 20 percent Stake in Singulex

Grifols, the Spanish biotech firm, has taken a 20 percent stake in a California- based laboratory for $50 million. The deal is among the latest involving overseas businesses taking stakes in … [Read more...]

FUNDING

Quanterix Raises $46 Million to Fuel Expansion of Clinical Diagnostics

By Stephanie Murg, Managing Director, G2 Intelligence A fresh infusion of capital is set to fuel continued growth at Quanterix Corporation (Lexington, Mass.), which specializes in "high-definition … [Read more...]

AltheaDX Raises $30 Million, Announces New Tests

AltheaDX, a California-based lab that focuses on pharmacogenetic testing, has raised $30 million in a third round of financing. The money comes from several investors, including WUXi Healthcare … [Read more...]

Laboratory M&A in 2015: Flat but With Possibilities Moving Forward

When it came to mergers and acquisitions in the laboratory arena, 2015 has proven to be pretty much more of the same. Altogether, there were 29 transactions announced during the 2015 calendar year, … [Read more...]

AltheaDX Raises $30 Million, Announces New Tests

AltheaDX, a California-based lab that focuses on pharmacogenetic testing, has raised $30 million in a third round of financing. The money comes from several investors, including WUXi Healthcare … [Read more...]

Outlook for Medium-Size Labs Continues to Show Promise

The outlook for the mid-size and smaller publicly traded laboratories appears to be bright. Most reported gains in earnings or revenue, or significant capital infusions in the most recent quarter and … [Read more...]

Troubled Calloway Laboratories Shut Its Doors

Calloway has gone away. The troubled Calloway Laboratories abruptly shut its doors on Oct. 16. The closure of the Woburn, Mass.-based lab put about 240 employees out of work. Calloway Chief Executive … [Read more...]

CardioDx Inks Draw Deal With Quest

CardioDx, a California-based molecular laboratory that specializes in cardiac assays, has entered into a blood draw agreement with national lab giant Quest Diagnostics. Under the terms of the … [Read more...]

Exosome Raises Second Round Funding, Close to Launching Cancer Tests

Exosome Diagnostics has continued on its capital raising roll, bringing in another $17.6 million in financing, and its series B total to $44.7 million. The latest round was funded by Forbion Capital … [Read more...]


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