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Search Results for: COVID-19

Despite COVID-19 Losses, IVD Executives Remain Upbeat

Clinical Laboratory, In Vitro Diagnostics, IVD/Lab Informatics, Laboratory Equipment / By Donna Marie Pocius

Continuing declines in COVID-19 test revenues was a common theme during the first quarter 2023 earning reports released by the nation’s largest in vitro diagnostics (IVD) manufacturers. At the same time, there was optimism as different IVD firms highlighted advancement and business opportunities in the following areas: • Digital pathology. • Companion diagnostics. • New …

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Newsmaker Interview: Director of CDC’s Division of Laboratory Systems Talks COVID-19, CLIA, and More

Clinical Laboratory Trends, People, The Dark Report / By Robert Michel

CEO SUMMARY: In this exclusive interview, Reynolds Salerno, PhD, the Director of the Division of Laboratory Systems at the CDC, offers insightful comments about the federal agency’s response to the SARS-CoV-2 pandemic, what went right during public health efforts, and lessons that were learned. He also discusses how labs have dealt with the recent monkeypox …

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Thermo Fisher Expands Menu to Offset COVID-19 Decreases

In Vitro Diagnostics, IVD/Lab Informatics, Lab Marketplace / By Robert Michel

IT’S NOT JUST CLINICAL LABORATORIES seeking ways to repurpose the analyzers and automation they used to perform SARS-CoV-2 testing. As the pandemic continues to ease, some in vitro diagnostics (IVD) companies want to help their lab customers by expanding the types of diagnostic tests than can be run on these instrument systems. This is true …

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In Post-COVID-19 Market, IVD Manufacturers Face Supply, Staff Challenges

In Vitro Diagnostics / By Robert Michel

CEO SUMMARY: After making billions during the COVID-19 pandemic, in vitro diagnostics (IVD) manufacturers must now adjust their strategies and relationships with clinical laboratory customers. Because many contracts for automated instruments are coming due, some IVD companies have the opportunity to grab additional market share at the expense of their competitors. IVD firms are also …

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Amazon to Close Employee COVID-19 Testing Lab in Ky.

Laboratory Management / By Robert Michel

IN A MOVE THAT MAY SURPRISE SOME OBSERVERS, Amazon announced it will close its COVID-19 employee testing laboratory in Hebron, Ky., which is just across the Ohio River from Cincinnati. This is the second large COVID-19 clinical laboratory to publicly announce it will cease operations instead of transitioning to conduct other non-COVID testing for either …

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Labs Can Expect COVID-19 Lab Testing Audits and Federal Investigations

TDR Insider / By Robert Michel

This is an excerpt of a 2,081-word article in the May 16, 2022 issue of THE DARK REPORT. The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: Billions of federal dollars were paid out for needed SARS-CoV-2 testing during the pandemic. Now, even the best-run clinical laboratories and pathology groups …

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Labs Can Expect COVID-19 Test Audits, Investigations

Laboratory Compliance / By Robert Michel

CEO SUMMARY: Billions of federal dollars were paid out for needed SARS-CoV-2 testing during the pandemic. Now, even the best-run clinical laboratories and pathology groups may have compliance matters to address during upcoming government audits, according to healthcare attorney Matthew Murer. Some sites— including pop-up COVID-19 testing labs—are already feeling the sting of federal …

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California Cancels COVID-19 Test Contract with PerkinElmer

Laboratory Management / By Robert Michel

CALIFORNIA HAS SHED MORE LIGHT ON THE DECISION to terminate PerkinElmer’s valuable contract to run the Valencia Branch Laboratory (VBL). The lab has been embroiled in controversy for much of its existence. The state noted that SARS-CoV-2 testing options for the public played a large part in ending the contract. PerkinElmer notified the U.S. Securities …

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IVD Firms Grow During 2022, but COVID-19 Revenue Dropped

In Vitro Diagnostics / By Robert Michel

MOST MAJOR IN VITRO DIAGNOSTICS (IVD) MANUFACTURERS started strong in 2022 as their base businesses regained steam and made up for the significant falloff in COVID-19 diagnostic test revenue. During first quarter 2022 earnings calls with investors, leaders at publicly traded IVD companies said clinical laboratories are interested in expanding test menus on technology platforms …

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Anticipating Change in COVID-19 Test Volume

Clinical Laboratory, Clinical Laboratory Trends, Laboratory Equipment / By Robert Michel

CEO SUMMARY: New and more easily transmitted variants of SARS-CoV-2 are causing surges and declines in both the daily number of COVID-19 tests and new cases. This presents pathologists and lab administrators with two common problems: how to scale a COVID-19 testing program and how to staff that program. David Dexter, CEO at Sonora Quest …

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