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DiaSorin Q3 Revenues Rise 51 Percent on Luminex Acquisition, Recovery of Non-COVID Test Sales
2021-11-12
DiaSorin said in Q3 it saw a strong recovery of non-COVID test sales including for latent tuberculosis and other infectious diseases as well as gastrointestinal infections.
Landing Med Won 320 Million Round-D Financing Led by Ali Health
2021-11-12
On November 10, Wuhan Landing Med officially announced that it had completed the round-D financing of RMB 320 million, which was led by Ali Health and followed by Ether Capital.
HHS Provides $650M to Support Point-of-Care MDx Tests for COVID-19
2021-11-11
The funding will be used to provide purchase commitments to manufacturers so they can scale up test production.
Meridian Bioscience Nabs FDA EUA for Revogene SARS-CoV-2 Test
2021-11-11
Meridian Bioscience announced on Wednesday that its Revogene SARS-CoV-2 test has received Emergency Use Authorization from the US Food and Drug Administration.
UK to add China's Sinovac, India's Covaxin to approved vaccine list
2021-11-11
Britain said it would recognise COVID-19 vaccines on the World Health Organization's Emergency Use Listing later this month.
Viome Raises $54M to Advance mRNA Platform for Diagnosis, Drug Development
2021-11-11
Viome Life Sciences said Wednesday that it has raised $54M in pre-series C convertible funding with participation from existing and new investors. Added to prior funding, including a series B round in November 2019, the company said it has raised over $125M in total.
LumiraDx Posts Strong Q3 Revenue Gains on Sales of SARS-CoV-2 Testing Products
2021-11-11
Point-of-care diagnostics firm LumiraDx on Wednesday reported a sharp year-over-year increase in revenues for the third quarter on sales of test strips for its COVID Ag SARS-CoV-2 antigen test.
A Defining Moment: GE to Form 3 Industry-Leading Public Companies Focused On Aviation, Healthcare and Energy
2021-11-11
GE announced today what Chairman and CEO Larry Culp called a “defining moment,” with plans to form three industry-leading, global public companies focused on the growth sectors of aviation, healthcare and energy.
Castle Biosciences Q3 Revenues Rise 54 Percent
2021-11-09
Castle Biosciences reported after the close of the market on Monday that its third quarter revenues rose 54 percent year over year, thanks to a 62 percent increase in the number of tests delivered during the quarter.
Invitae Q3 Revenues Increase 66 Percent
2021-11-09
Invitae reported after the close of the market on Monday that its third quarter revenues increased 66 percent year over year, exceeding the consensus Wall Street estimate.
CRISPR-Based Tool Developed for Rapid Detection of SARS-CoV-2
2021-11-09
Blending experts from molecular genetics, chemistry and health sciences, researchers at the University of California San Diego have created a rapid diagnostic technology that detects SARS-CoV-2, the coronavirus that causes COVID-19.
Genome Sequencing Increases Diagnosis of Rare Disorders
2021-11-08
Whole genome sequencing from a single blood test picks up 31% more cases of rare genetic disorders than standard tests, shortening the ‘diagnostic odyssey’ that affected families experience, and providing huge opportunities for future research.
Waters and Sartorius Enter Partnership to Improve Bioprocessing Analysis
2021-11-08
Waters and Sartorius announced on Oct. 27, 2021, that they would partner to provide bioprocess experts with direct access to mass spectrometry (MS) data to accelerate the speed and improve the accuracy of biopharmaceutical process development.
Qiagen Settles Becton Dickinson Patent Infringement Lawsuit for $53M
2021-11-08
Qiagen said after the close of the market on Friday that it has reached a settlement with Becton Dickinson in a patent infringement lawsuit related to Qiagen's NeuMoDx 96 and NeuMoDx 288 clinical PCR systems.
Illumina Q3 Revenues Grow 40 Percent
2021-11-05
Illumina reported after the close of the market on Thursday that its third quarter revenues grew 40 percent year over year.
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