Search Results for: COVID-19

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

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.

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

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

  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

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

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

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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Decline in COVID-19 Test Orders Signals a Shift

MIGHT THE FEDERAL HEALTHCARE ESTABLISHMENT BE CLOSE TO DECLARING AN END TO THE SARS-COV2 PANDEMIC and—given the ongoing decline in the daily number of new cases and deaths—that COVID-19 is expected to become an endemic disease?  The SARS-CoV-2 statistics posted daily by the federal Centers for Disease Control and Prevention (CDC) show that, as of …

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PerkinElmer Says California Terminated COVID-19 Contract

ACCORDING TO A NEW SECURITIES FILING FROM PERKINELMER, the State of California served notice of termination of the company’s contract to run the beleaguered Valencia Branch Laboratory (VBL). PerkinElmer, a diagnostics firm based in Waltham, Mass., made the surprising announcement about the early termination on March 31 in a filing to the U.S. Securities and …

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