Several companies market an array of preventive tests directly to consumers. Are these companies and tests legit? What does the medical community have to say about such companies and advertising … [Read more...]
MARKETING
Dealing with Consumers: Using Patient Online Reviews to Boost Your Lab Business
July 28, 2019
Patients are making increasing use of physician rating and review sites to comment on their medical experiences the way diners do with restaurants. And as with restaurants, this can be a tremendous … [Read more...]
FDA
New FDA Guidance Tells IVD Makers How to Test for Biotin Interference
July 16, 2019
On June 13, the FDA issued a draft guidance explaining how makers of in vitro diagnostic devices (IVDs) should perform biotin interference testing and communicate testing results to labs, clinicians … [Read more...]
FOCUS ON
Business Best Practices: The 5 Essential Components of a Marketing Plan
June 10, 2019
Although there's no single formula for marketing a lab, there are five basic elements a marketing plan should include. 1. A Website An online presence is a must for even single-location labs. The … [Read more...]
DIAGNOSTIC DEALS
Diagnostic Deals: A Roundup of the Key Mergers, Acquisitions, Alliances, Licenses and Other Strategic Transactions From the Past Month
May 31, 2019
The end of April through mid-May was another busy period for deal making. Here's a quick overview of activity and key deals. Mergers & Acquisitions and Asset Sales Thermo Fisher Scientific's … [Read more...]
DIAGNOSTIC DEALS
Diagnostic Deals: A Roundup of the Key Mergers, Acquisitions, Alliances, Licenses and Other Strategic Transactions From the Past Month
May 21, 2019
The pace of diagnostic deal making picked up from the end of March through mid-April. Here's a quick overview of the activity and key deals made during the period. Mergers & Acquisitions and … [Read more...]
DIAGNOSTIC DEALS
Diagnostic Deals: A Roundup of the Key Mergers, Acquisitions, Alliances, Licenses and Other Strategic Transactions From the Past Month
March 27, 2019
Spring has sprung with the announcement of a king-size deal: Danaher's $21.4 billion cash acquisition of GE Life Sciences, known as GE Biopharma, from General Electric Company (GE). Here's a quick … [Read more...]
DIAGNOSTIC DEALS
Diagnostic Deals: A Roundup of the Key Mergers, Acquisitions, Alliances, Licenses and Other Strategic Transactions From the Past Month
March 25, 2019
The past few weeks have brought snow to parts of the country that don't usually see the white stuff, and a flurry of diagnostic deals. Although some pundits continue to speculate about a business … [Read more...]
DIAGNOSTIC DEALS
Diagnostic Deals: A Roundup of the Key Mergers, Acquisitions, Alliances, Licenses and Other Strategic Transactions From the Past Month
January 30, 2019
A government shutdown, ongoing tensions with China and concerns about continued economic growth have marked the beginning of 2019. Against this backdrop, diagnostic deals continue to move forward. … [Read more...]
NEWS
Inside the Lab Industry: 5.1% Growth Expected to Lift Lab Automation Market to $5 Billion by 2022
January 30, 2019
Projected compound annual growth of 5.1% will take the lab automation market from its current $4.06 billion (2017) to $5.20 billion by 2022. The Study This is the finding of a new study on the lab … [Read more...]
