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roche diagnostics

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.Ā  During first quarter 2022 earnings calls with invest…

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IVD Companies Report Record Sales as 2021 Draws to Close

JUDGING BY THE THIRD QUARTER FINANCIAL PERFORMANCE of the major in vitro diagnostics (IVD) manufacturers, the demand for COVID-19 testing continues to generate a substantial stream of revenue.Ā  During their respective conference calls with investo…

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September 7, 2021 Intelligence: Late-Breaking Lab News

New diagnoses of cancer in the United States fell by almost 30% in the early months of the SARS-CoV-2 pandemic. Thatā€™s one conclusion in a paper authored by Quest Diagnostics and published on Aug. 31, in JAMA Network Open. Quest looked at the new diagnoses of eight common types of can…

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November 4, 2019 Intelligence: Late Breaking Lab News

Pharmacogenetic testing is gaining acceptance by a growing number of health insurers. On Oct. 1, UnitedHealthcare (UHC) began coverage of genetic tests that help physicians identify the anti-depressant drugs most likely to benefit their patients. UHCā€™s policy also extends coverage …

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September 3, 2019 Intelligence: Late Breaking Lab News

Two more clinical laboratory organizations that used American Medical Collection AgencyĀ (AMCA) to handle their lab test claims announced in July that their patientsā€™ data was breached. Inform Diagnostics of Irving, Texas, disclosed that the data of 173,716 patient…

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August 12, 2019 Intelligence: Late Breaking Lab News

Add eight more laboratories to the list of lab companies whoseĀ patient data were breached when the American Medical Collection Agency was hacked. According to HealthITSecurity, in recent weeks, these labs reported breaches of their patient records: Natera …

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November 13, 2018 Intelligence: Late Breaking Lab News

In recent weeks, Apple signed agreements with the nationā€™s two largestĀ lab companies to make their lab test data available on Appleā€™s Health Record app. Laboratory Corporation of America was first to announce its agreement with Apple on Oct. 29. Quest Di…

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Biggest IVD Manufacturers Report Robust Third Quarter Earnings

In a time of shrinking lab budgets and falling prices for lab tests in the United States, how are the larger in vitro diagnostic (IVD) manufacturers doing? A look at third-quarter financial reports provides useful insights as to which segments within the IVD industry are doing better than ot…

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September 10, 2018 Intelligence: Late Breaking Lab News

News that a laboratoryā€™sĀ courier truck was high-jacked in broad daylight with patient specimens aboard puts the spotlight on whether the security practices labs use to protect drivers, vehicles, and the patient specimens they may be carrying are adequate. On Aug. 3 in Durham, N.C., a driver of a c…

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August 20, 2018 Intelligence: Late Breaking Lab News

There is a new sector inĀ the clinical laboratory industry. It is called ā€œglobal direct-to-consumer (DTC) genetic health testingā€ by Kalorama Information, a market research firm based in Rockville, Md. In a recent report, Kalorama says this sector is comprised of the direct-to-co…

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