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FY 2022 Q2 Earnings Trend Down, but Much Less than Predicted

FY 2022 Q2 Earnings Trend Down, but Much Less than Predicted

by Glenn S. Demby | Aug 30, 2022 | Earnings-lir, Essential, Laboratory Industry Report

While not nearly as robust as a year ago, diagnostic companies’ revenues held up surprisingly well in Q2 2022.

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COVID-19 Test Profits Make Labs Potential Target for Public Backlash

COVID-19 Test Profits Make Labs Potential Target for Public Backlash

by Glenn S. Demby | Jun 29, 2022 | Earnings-lir, Essential, Laboratory Industry Report

Independent labs accrued a profit of at least $10 on each PCR COVID-19 test performed in the period from May to December 2020, study says.

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LumiraDx Gets CE Clearance for Five Different Products

LumiraDx Gets CE Clearance for Five Different Products

by Rachel Muenz | Jun 17, 2022 | Articles, News, Open Content

The UK-based diagnostics firm received CE marks for a diabetes test, CHF test, as well as an analyzer, and two COVID-19 tests.

FY 2022 Q1 Could Be the Last Hurrah for the COVID Earnings Surge

FY 2022 Q1 Could Be the Last Hurrah for the COVID Earnings Surge

by Glenn S. Demby | May 31, 2022 | Articles, Earnings-lir, Essential, Laboratory Industry Report

Most diagnostics companies experienced modest, flat, or negative top-line revenue growth rates in the first quarter of 2022.

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HHS Tabs OraSure Technologies for COVID-19 School Testing

HHS Tabs OraSure Technologies for COVID-19 School Testing

by Glenn S. Demby | May 26, 2022 | Articles, News, Open Content

HHS will distribute OraSure’s InteliSwab COVID-19 rapid at-home antigen test kits to schools across the nation.

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