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Late Breaking Lab News

September 26, 2011 “Intelligence: Late Breaking Lab News”

Here’s a laboratory with what may be one of the world’s biggest accounts receivable problems. In South Africa, the National Health Laboratory Services (NHLS) says it is owed $1.8 billion Rand (about US $214 million) from its client accounts. As reported by a regional television s…

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September 6, 2011 “Intelligence: Late Breaking Lab News”

Cleveland Heart Lab closed on a Series B financing round that totals $18.4 million. The money was provided by Excel Venture Management, Healthcare Ventures, and existing investors. Executives at Cleve- land Heart Lab said the new funds will be used t…

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August 15, 2011 “Intelligence: Late Breaking Lab News”

Last Friday, the acquisition of Southern Diagnostic Laboratories, Inc., of Birmingham, Alabama, was announced by Solstas Lab Partners of Greensboro, North Carolina. Steve Boyd, who is the Founder and CEO of Southern Diagnostics, will become a Senior Vice President at…

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July 25, 2011 “Intelligence: Late Breaking Lab News”

In a play to expand its presence in cervical cancer testing, Roche Holdings announced an agreement to acquire mtm laboratories AG, based in Heidelberg, Germany. Roche will pay U.S. $180 million, plus another U.S. $85 million if performance milestones are achieved. mt…

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July 05, 2011 “Intelligence: Late Breaking Lab News”

Two laboratory companies based in Spokane, Washington, were recently recognized in a list of Washington State’s “100 Best Companies to Work For” in 2011. One was Incyte Pathology, Inc., an anatomic pathology group. The other was Pathology Associates Medical Laboratori…

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June 13, 2011 “Intelligence: Late Breaking Lab News”

In coming weeks, Agendia, probably best known for its genetic breast cancer test, hopes to complete an initial public offering (IPO). Agendia is a company based in Amsterdam, The Netherlands with offices in Irvine, California. Its stock symbol will be “AGDX” and the shares will t…

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May 23, 2011 “Intelligence: Late Breaking Lab News”

The first sequencing of the whole human genome back in 2000 unleashed a tidal wave of research and development. Recently, Fast Company Magazine quantified the dollar impact of the Human Genome Project and now says it totals $800 billion! Their reporter communicates this so succinctly that TH…

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May 02, 2011 “Intelligence: Late Breaking Lab News”

Another laboratory information system (LIS) product has received certification as meeting stage 1 meaningful use (MU) measures. On March 31, McKesson Corporation announced that the Drummond Group’s ONC-aTCB 2011-2012 (ATCB 2011/2012) certification as a compliant EH…

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March 21, 2011 “Intelligence: Late Breaking Lab News”

Regulation of genetic tests by the Food and Drug Administration (FDA) continues to move forward. Earlier this month, an FDA advisory panel conducted hearings on this subject. The Molecular and Clinical Genetics Panel of FDA’s Medical Devices Advisory Committee discussed several asp…

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February 28, 2011 “Intelligence: Late Breaking Lab News”

In recent months, deficiencies in forensic pathology have made news in both the United States and Canada. In a story released February 5, 2011, on CaliforniaWatch.com, reporter Ryan Gabrielson wrote that “Coroners in Northern California are farming out thousands of cases each year to a pri…

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