Although COVID-19 remains the driving force, non-pandemic-related strategic deal making continues. Among the most impactful deals announced in December is the partnership among Renown Institute for … [Read more...]
Agency Greenlights First Over-the-Counter, At-Home COVID-19 Testing Kit
Nearly 250 COVID-19 diagnostic tests have gotten Emergency Use Authorization (EUA) from the FDA since the pandemic started. Almost all of them have been prescription products. In addition, 25 test … [Read more...]
2020 M&A Year in Review: Deal Making Was Low in Volume but High in Impact
Not surprisingly, the COVID-19 pandemic exerted a pronounced chilling effect on M&A activity in the diagnostic space as both buyers and sellers adopted a wait-and-see attitude. But the decline in … [Read more...]
CompuGroup Medical Makes Major LIS Play by Acquiring Schuyler House
It seems fitting that the pandemic year of 2020 should end not with a bang but a whimper. December was the slowest month in M&A deal making of not only this year but many years in recent memory … [Read more...]
Look for Health Care Mergers and Acquisitions to Resurge in 2021
Last year at this time, the expectation was that 2020 would be an unusually active year for health care mergers and acquisitions. But the pandemic forced deal makers to shelve their plans and await … [Read more...]
Fitness Wearables Makers Look to Apply Technology for Consumer-Based Diagnostics
Could the Fitbit, smartwatch and other wearable devices be a key to resolving the current COVID-19 testing and other diagnostic challenges? Momentum for applying wearables health and wellness … [Read more...]
JetBlue Partners with Vault Health to Offer Travelers At-Home COVID-19 Testing
COVID-19 has greatly complicated air travel from country to country and even state to state. While entrance rules vary from place to place, a number of jurisdictions are allowing travelers to avoid … [Read more...]
Re-Acquisition of Grail to Boost Illumina’s Cancer Presence, but Investors Are Skeptical
M&A activity during the time of COVID-19 has been notable for two and largely incongruous characteristics: scant numbers of overall deals and unexpected, rather curious blockbusters. A month after … [Read more...]
National Grocery Firm Begins In-Store Sales of Saliva-Based COVID-19 Test Kits
With labs continuing to face supplies shortages, saliva-based COVID-19 test kits that eliminate the need for swabs, lab professionals and PPE during the sample collection process are growing in use. … [Read more...]