September 9, 2013 “Intelligence: Late Breaking Lab News”

bioMérieux is on the move. Last week it announced that it would pay $450 million to purchase privately-held BioFire Diagnostics of Salt Lake City, Utah. BioFire has a solid tech- nology base in molecular diagnostics. It developed and currently markets its FilmArray product, which it describes as a multiplex PCR system. BioFire also designed the LightCycler system which it licensed to Roche Diagnostics. bioMérieux says that the acquisition of BioFire will help it expand its products for infectious disease testing.

MORE ON: bioMérieux

The acquisition of BioFire comes in the wake of other important news for bioMérieux. On August 23, the company issued a press release about FDA clearance of its VITEK MS. The company says that this is “the first clinical mass spectrometry MALDI- TOF-based system available in the U.S. for rapid identification of disease-causing bacteria and yeast.” The availability of this system shows the rapid advances that in vitro diagnostic manufacturers are making in the design of mass spectrometry systems that offer more automation, consistent analytical quality, and faster time to answer.

J&J READY TO SELL ORTHO-CLINICAL DIAGNOSTICS

Late on Friday, Reuters reported that Johnson & Johnson Co. had launched a sales process to sell its OrthoClinical Diagnostics (OCD) business. Reuters also reported that the business has annual sales of about $2 billion and may sell for as much as $5 billion. It has been known for some time that J&J executives were considering a sale of the OCD business.

XIFIN MAKES INC.’S FASTEST-GROWING LIST OF FIRMS

XIFIN, Inc., of San Diego, California, has extended to seven years its inclusion on Inc. Magazine’s annual list of the 5,000 Fastest-Growing Private Companies in the United States. For 2012, XIFIN ranked 2,887 and posted a three-year growth rate of 118%. The company says it processes more than 200 million claims per year, primarily in clinical laboratory and pathology. Its revenue cycle management services are anchored by a cloud-based technology platform.

Dark Daily Update

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Laboratory Corporation of America’s purchase of MuirLabs, the lab outreach business of John Muir Health of Walnut Creek, California. Announced on September 4, health system officials said about 450 lab employees will be laid off. No price was disclosed.

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