INVESTMENTS

Inside the Lab Industry: Silicon Valley Bank Reports Steady 2016 Dx Investments, Declining Exits

Investments in the diagnostics and tools (Dx/Tools) sector remained steady in 2016, according to Silicon Valley Bank's annual report, Trends in Healthcare Investments and Exits 2017. The report's … [Read more...]

NEWS

The 6 Things Labs Need to Know About the Trump Travel Ban

Although the first Trump travel ban didn't survive, a new version is already in the works. Although we don't yet know the details, the expectation is that the new travel ban will look a whole lot like … [Read more...]

PARTNERSHIPS

AACC Collaborates on Adaptive Learning Resource

Laboratory professionals will now have a new tool in the search for knowledge. The American Association for Clinical Chemistry, the NEJM Group, and Area9 Learning are joining forces to provide AACC … [Read more...]

INDUSTRY BUZZ

Deal of the Month: $25 Billion Acquisition of St. Jude Med Cements Abbott as Leader in Cardiovascular Device Market

In a month with an unusually heavy volume of diagnostic deal making, the headline story was Abbott Laboratories' $25 billion purchase of fellow device-making giant St. Jude Medical, which finally … [Read more...]

PARTNERSHIPS

Diagnostics Companies Form Coalition Supporting cfDNA Prenatal Testing

Five major players in genetic testing have joined forces to promote cell-free DNA (cfDNA)-based noninvasive prenatal testing (NIPT). A newly formed organization, Coalition for Access to Prenatal … [Read more...]

INDUSTRY BUZZ

Arizona Fraud Suit Opens New Front in the Legal War against Theranos

The Arizona Attorney General's Office (AGO) recently issued a request for proposal signaling a new legal battle for Theranos: state consumer fraud lawsuits. The AGO indicated in its request that it … [Read more...]

REIMBURSEMENT

Update on Palmetto’s Molecular Dx Testing LCDs

Advanced diagnostic tests are emerging faster than the clinicians can document their clinical utility. All of this creates an interesting dilemma for payors as far as coverage is concerned. Normally … [Read more...]

INDUSTRY BUZZ

Molecular Diagnostics among Top 2016 M&A Deals

Although volume of diagnostics industry mergers and acquisitions was up slightly in 2016, the big story of the year were the deals that did not go through—at least not yet. Abbott Steals the … [Read more...]

INDUSTRY BUZZ

Abbott, Molecular Lab Acquisitions Dominate the Year in Diagnostics Industry M&A

Although volume of diagnostics industry mergers and acquisitions was up slightly in 2016, the big story of the year was the deals that did not go through—at least not yet. Abbott Steals the … [Read more...]

LCDs

Palmetto Latest Medicare Contractor to Loosen Up on Covering Molecular Dx Testing

Advanced diagnostic tests are emerging faster than the clinicians can document their clinical utility. All of this creates an interesting dilemma for payors as far as coverage is concerned. Normally … [Read more...]


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