Issue: Volume VII No. 17 - December 4, 2000

Genetics Tidal Wave is Rapidly Approaching

EVERYONE IN THE CLINICAL LAB BUSINESS KNOWS that our business will soon be dominated by genetic and molecular testing technology. However, most lab administrators and pathologists believe that we are several years away from the widespread clinical use of such technology in laboratory testing. In principle, I would agree with that part of the popular wisdom. …

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Year’s Ten Biggest Stories Reveal Modest Changes

CEO SUMMARY: In many ways, 2000 was a relatively quiet year for laboratory organizations. This list of the ten biggest stories in the lab industry for 2000 demonstrates that the most innovative laboratory organizations in the United States are “raising the bar” for service and quality in the competitive marketplace. This will change the status …

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Ortho-Clinical Diagnostics Embraces New Testing Technology

CEO SUMMARY: Despite a decade of consolidation, competition among the world’s largest diagnostics manufacturers remains intense. In response to this competition, Ortho-Clinical Diagnostics (OCD) is preparing a variety of new products and services for its clinical laboratory customers. It’s already exploring diagnostic opportunities in the emerging field of pharmacogenomics. In the field of laboratory management, …

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Dynacare’s IPO is Funded, Specialty Labs’ IPO is Next

IT WAS A DISAPPOINTING TRIP to the public equity markets for Dynacare, Inc. last month. The lab company raised only $50 million in its initial public offering (IPO). Dynacare had hoped to harvest as much as $89 million from this IPO. Plans were to sell seven million shares at about $13 per share. But after …

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Premier’s Lab Vendors Hooking Up Via Internet

CEO SUMMARY: Laboratory members of Premier will soon be purchasing instruments, reagents, and supplies through medibuy.com’s Internet healthcare e-commerce site. Four major lab industry suppliers are actively working to link with the medibuy.com and Premier Web sites. For Premier, this is part of a comprehensive effort to upgrade the services it offers its member hospitals …

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“December 4, 2000 Intelligence: Late Breaking Lab News”

Evidence continues to grow that consumers are using the Internet to actively intervene in their health care. The Pew Foundation released a report last week that says 52 million Americans are using the Internet “to gain knowledge about disease, investigate how to participate in clinical trials, and find low-fat recipes”. “Moreover, 55% of all Internet …

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