Volume XXIX, No. 15 - October 31, 2022 Archives

October 31, 2022, Intelligence: Late-Breaking Lab News

Late Breaking Lab News / By Robert Michel

Clinical laboratories may soon face increasing pressure to test for respiratory syncytial virus (RSV) now that the public has become aware of the pathogen. Over the past month, there has been an onslaught of media attention on RSV. The coverage has often focused on how this common virus could tag team with influenza and SARS-CoV-2 …

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Ravgen Gets $272.5 Million Verdict against Labcorp

Genetic Testing, Lab Risk & Compliance, The Dark Report / By Scott Wallask

CEO SUMMARY: In September, a jury returned a $272.5 million verdict against Labcorp, representing royalties owed to biotech company Ravgen for infringement of its diagnostic genetic test patent. Soon after, Quest Diagnostics settled a similar lawsuit with Ravgen before its trial began. The victories against the two largest commercial labs illustrate the risks of navigating …

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Reports Say Qiagen and Bio-Rad Discussing Potential IVD Merger

Clinical Laboratory Trends, In Vitro Diagnostics, IVD/Lab Informatics, The Dark Report / By Scott Wallask

More consolidation in the in vitro diagnostics (IVD) market may soon happen. Bio-Rad Laboratories and Qiagen are reportedly in merger discussions. The Wall Street Journal, which broke the story on Oct. 10, tabbed the potential deal as being worth $10 billion should it go through. Both companies have a global presence and make most of …

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U.S. Hospitals Will Lose Billions of Dollars in 2022

Clinical Laboratory Trends, Lab Intelligence, Laboratory Management, The Dark Report / By Robert Michel

CEO SUMMARY: Hospitals and health systems in most regions of the United States are reporting substantial losses, both in patient care and in the value of their investment portfolios. This is inauspicious for the clinical laboratories operated by these hospitals. Hospital-based managers can expect more pressure to cut lab costs continually, even as they must …

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Clinical Laboratory News from North of the Border

Commentary and Opinion by R. Lewis Dark / By R. Lewis Dark

In mid-October, Canada’s largest national conference for diagnostics leaders took place in Toronto. It was their first gathering since the onset of the pandemic and much is happening with healthcare and medical laboratories in our northern neighbor. The Dark Report was there to identify innovative developments that might be useful to our clients and regular …

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