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NeoGenomics
November 25, 2024, Intelligence: Late-Breaking Lab News
By Robert Michel | From the Volume XXXI, No. 16 – November 25, 2024 Issue
Disruption is happening in the consumer genetic testing marketplace. In recent weeks, news outlets in the United Kingdom reported that Atlas Biomed, a consumer genetic testing company founded in 2016, had simply “disappeared.” Malwarebytes said Atlas Biomed’s “London offices …
August 12, 2024, Intelligence: Late-Breaking Lab News
By Robert Michel | From the Volume XXXI, No. 11 – August 12, 2024 Issue
In recent years, many of the national retail pharmacy chain operators announced big plans to open primary care clinics. Now, after substantial investments of billions of dollars, those same retail pharmacy chains are unwinding these business lines. This spring, Walmart announced it w…
July 1, 2024, Intelligence: Late-Breaking Lab News
By Robert Michel | From the Volume XXXI, No. 9 – July 1, 2024 Issue
Last week, it was announced that Quest Diagnostics “would acquire select laboratory assets from 12-hospital Allina Health” the Minneapolis-based health system. Quest stated, “Under the terms of the definitive agreemen…
June 10, 2024, Intelligence: Late-Breaking Lab News
By Robert Michel | From the Volume XXXI, No. 8 – June 10, 2024 Issue
Once a high-flier lab test manufacturer with a market valuation of $2 billion, Cue Health of San Diego filed for Chapter 7 bankruptcy on May 28. Analysts now say the company is valued at about $15 million. Founded in 2010, Cue Health was developing a test system that consumers could …
February 26, 2024, Intelligence: Late-Breaking Lab News
By Robert Michel | From the Volume XXXI, No. 3 – February 26, 2024 Issue
Following an investment of $1.75 million, officials at University of Maine at Augusta (UMA) opened a new lab facility this month that allows it to double the number of medical laboratory technicians it can train, from eight to 10 to as many as 20. In its coverage of the new training …
April 25, 2022 Intelligence: Late-Breaking Lab News
By Robert Michel | From the Volume XXIX, No. 6 – April 25, 2022 Issue
In a sign that awareness of medical diagnostic testing continues to grow during the SARS-CoV-2 pandemic, the Mayo Clinic announced it will invest $49 million to build a new laboratory space on its campus in Rochester, Minn. As part of the multi-year project, several clinical labs will eventual…
NeoGenomics Acquires Inivata to Access Liquid Biopsy Technology
By Robert Michel | From the Volume XXVIII, No. 12 – September 7, 2021 Issue
SOME BELIEVE THAT LIQUID BIOPSY TECHNOLOGY has the potential to develop into a Holy Grail of cancer diagnostics. Yet progress in this field has been slow. Now a recent lab acquisition may accelerate the development of clinically-useful liquid biopsies. There is keen interest in how to achieve the …
July 26, 2021 Intelligence: Late-Breaking Lab News
By Robert Michel | From the Volume XXVIII, No. 10 – July 26, 2021 Issue
Intermountain Healthcare of Salt Lake City announced that it plans to close 25 of its 26 retail pharmacies as early as next month. It cited declining business and a new business arrangement with CVS Health, the national pharmacy chain. Daron Crowley, Intermountain’s media relations di…
CURRENT ISSUE
Volume XXXI, No. 16 – November 25, 2024
Two different federal lawsuits that challenge the authority of the federal Food and Drug Administration (FDA) to regulate laboratory developed tests (LDTs) will be combined. Plaintiffs and the government in both cases agreed to move forward on this basis.
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