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Global IVD Woes in China Should Resonate with US Labs

Manufacturers’ quarterly earnings show a difficult Chinese market, but growth occurs elsewhere

In vitro diagnostics (IVD) companies reported a mix of overall growth, with many noting continuing challenges in their diagnostics divisions for recent quarterly financial results. Thermo Fisher Scientific, QuidelOrtho, and Danaher reported the strongest growth. About half of the global IVD companies reported decreased sales in diagnostics, largely due to China’s shift to volume-based procurement […]

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