Diagnostics

The Biomedical Advanced Research Development Authority (BARDA) will provide up to $13.6 million in funding to OraSure Technologies Inc (NASDAQ: OSUR). The fund is related to obtain 510(k) clearance and Clinical Laboratory Improvement Amendments (CLIA) waiver for OraSure's...

The Defense Logistics Agency has awarded OraSure Technologies Inc (NASDAQ: OSUR) a procurement contract for its InteliSwab COVID-19 Rapid Test for over-the-counter use. Related Link: OraSure Stock Is Trading Lower As Q2 Earnings, Outlook Trail Estimates. The estimated value of...

The FDA has issued a letter to healthcare professionals alerting them to the potential for false-positive results with Abbott Laboratories (NYSE: ABT) two COVID-19 diagnostic tests. Related Link: Abbott Destroyed Several COVID Test Cards, Now Faces Diminished Capacity: NYT. The alert relates to...

Mesa Laboratories Inc (NASDAQ: MLAB) has agreed to acquire Agena Bioscience Inc for a cash purchase price of $300 million. The San Diego, California-based Agena offers genetic analysis solutions to clinical labs and development partners. Excluding the impact of COVID-19 related...

The FDA has expanded the Emergency Use Authorization (EUA) label for Quanterix Corporation's (NASDAQ: QTRX) Simoa SARS-CoV-2 N Protein Antigen Test. The expanded label will include testing with a nasal swab and saliva samples and asymptomatic serial testing with nasal swab...

Britain's National Health Service (NHS) will begin the world's largest trial of Grail Inc's flagship Galleri blood test that can be used to detect more than 50 types of cancer before symptoms appear. The Galleri test checks for the earliest signs of cancer in the...

T2 Biosystems Inc (NASDAQ: TTOO) announced that its T2SARS-CoV-2 Panel is capable of detecting the Mu (B.1.621) and Iota (B.1.526) variants, which were recently confirmed to be present in the U.S. Also Read: T2 Biosystems Q2 Earnings Edges Wall Street Estimates On Higher Test...

Since Quest Diagnostics Incorporated (NYSE: DGX) reported its Q2 FY21 financial results, COVID-19 molecular testing volumes were stronger than anticipated through the end of August. Related Content: Quest Q2 Earnings Ahead Of Expectation On Recovery Of Non-COVID Business, Issues...

Roche Holdings AG (OTC: RHHBY) has agreed to acquire  TIB Molbiol Group for an undisclosed amount. The deal is expected to close in Q4 of 2021. The acquisition will enhance Roche's portfolio of molecular diagnostics solutions with a wide range of assays for infectious...

Illumina Inc (NASDAQ: ILMN) and Merck & Co Inc (NYSE: MRK) provided more details on their partnership to develop and commercialize tests that gauge genetic mutations involved in homologous recombination deficiency (HRD) and identify best responders to PARP inhibitors....

Laboratory Corp of America Holdings (NYSE: LH) has increased the minimum hourly wage for U.S.-based employees to $15 from $10.95. The Company joins several other firms in implementing measures to retain staff amid a nationwide labor shortage. Lab Corp has more than 70,000 employees and...

Thermo Fisher Scientific Inc (NYSE: TMO) has announced a $192.5 million contract award from the U.S. Department of Defense (DoD). The contract covers the domestic production of pipette tips used within research and diagnostic labs to dispense precise amounts of liquid.  In mid-...

Baxter International Inc (NYSE: BAX) has agreed to acquire Hill-Rom Holdings Inc (NYSE: HRC) for $156.00 per share in cash, slightly higher than the earlier anticipated $150.  Related Content: Baxter In Advanced Talks For $10B Hill Rom Buyout The deal values HRC's...

Quidel Corporation's (NASDAQ: QDEL) non-prescription QuickVue At-Home OTC COVID-19 Test will be available next week at CVS Pharmacy locations across the U.S. and online at cvs.com. CVS Pharmacy is a part of CVS Health Corp (NYSE: CVS). Related Content: ...

Meridian Bioscience Inc's (NASDAQ: VIVO) subsidiary Magellan Diagnostics Inc has expanded the Class I recall of its LeadCare Test Kits used to detect lead in whole blood. Magellan provides two controls in the test kits designed to mimic blood and are spiked with lead...