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Lab Briefs: Roche, GenMark Diagnostics, Thermo Fisher, Mesa Biotech, ProPath

By Robert Michel | From the Volume XXVIII No. 5 – April 12, 2021 Issue

Roche to Acquire GenMark Diagnostics LAST MONTH, Roche and GenMark Diagnostics announced a definitive merger agreement for Roche to acquire GenMark in a transaction valued at $1.8 billion. …

Roche to Acquire GenMark, Ovation.io Raises $21.5M

By Robert Michel | From the Volume XXVIII, No. 4 – March 22, 2021 Issue

Roche to Pay $1.8 Billion for GenMark THERE’S MORE CONSOLIDATION in the in vitro diagnostics (IVD) industry. It was announced on Mar. 15 that Roche Diagnostics would acquire GenMa…

Lab Buys More Instruments as Way to Add Test Volume

By Joseph Burns | From the Volume XXVII No. 9 – June 22, 2020 Issue

CEO SUMMARY: Severe shortages of supplies for COVID-19 lab testing caused one lab director in the Midwest to buy additional instruments while also validating five different COVID-19 tests to run on analyzers the lab used before the pandemic hit. While this strategy allowed the lab to …

Two Collaborations: LabCorp-Thermo Fisher, Roche-Illumina

By Joseph Burns | From the Volume XXVII No. 2 – January 27, 2020 Issue

In deals related to the pursuit of companion diagnostics, two lab companies announced collaboration deals with companies that manufacture gene-sequencing equipment. The deals were announced on consecutive days earlier this month. Financial terms were not disclosed. On Jan. 13, Ro…

Volume XXVIII, No. 9 – July 6, 2021

A pathology lab company in New Jersey has sued UnitedHealthcare, seeking payment for 46,400 molecular COVID-19 test claims that are unpaid, representing about $20 million in reimbursement. Also, Labcorp is successfully using AI in its lab operations to improve work processes and gain real-time insights from vast amounts of data.

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