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01 Apr 2017 - 04 Apr 2017
03 Apr 2017 - 05 Apr 2017
06 Apr 2017 - 08 Apr 2017

Industry News

Image: Increased sales in the point-of-care testing market have been attributed to new technology available in medical devices designed for clinical and home use (Photo courtesy of iStock).

POCT Market Reaches USD 18 Billion in 2016

Sales of point of care (POC) diagnostic testing, both professional testing and self-testing, reached USD 18.4 billion in 2016, driven by emerging technological innovations in smartphones, biosensors, lab-on-a-chip and wearable devices that aim to provide expedited diagnosis where the patient is seen or in the patient’s home. These new technologies are allowing POC devices to generate quantitative lab-quality test results and transfer them automatically to an information system, a remote caregiver service for consultation or an electronic medical record. More...
10 Mar 2017
Image: The Binding Site and the Mayo Clinic have agreed to collaborate on the development of a test that will better diagnose and monitor B-cell diseases (Photo courtesy of iStock).

Collaboration Improves Diagnosis and Monitoring of Multiple Myeloma

The Binding Site Group Ltd. has entered into a collaboration agreement with Mayo Clinic to develop a clinical laboratory test for the identification and accurate measurement of monoclonal proteins present in B-cell diseases. Both the organizations have been involved in collaborative activities for more than two decades with the aim of improving the testing, diagnosis and monitoring of patients with multiple myeloma and related conditions. The output of the latest collaboration will build on combining The Binding Site’s antibody- and assay-development expertise with Mayo Clinic’s clinical excellence and its recently patented approach to improving multiple myeloma patient monitoring. More...
10 Mar 2017
Image: The growing molecular diagnostics market is worth of almost USD 7 billion, according to recent findings (Photo courtesy of iStock).

Molecular Diagnostics Market Worth Nearly USD 7 Billion

The size of the molecular diagnostic testing market has reached USD 6.7 billion and is being driven by the growing threat of infectious disease and cancer, as well as the development of new products. These are the latest findings of Kalorama Information, an independent medical market research firm. More...
21 Feb 2017
Image: Siemens Healthineers has entered into a five-year contract to take over the clinical laboratory service operations for two new hospitals in Turkey (Photo courtesy of QLS).

Siemens Healthineers Commissioned to Provide Lab Services for Turkish Hospitals

Siemens Healthineers has entered into a five-year contract to take over the clinical laboratory service operations for two new hospitals in Turkey. The hospitals in Bilkent, Ankara, and in Mersin are being built and operated as Public Private Partnership (PPP) by DiA Construction, a subsidiary of DiA, for the Turkish Ministry of Health. More...
09 Feb 2017
Image: Streck has entered into a distribution agreement with HiSS Diagnostics (Photo courtesy of iStock).

Streck Enters into Distribution Agreement with HiSS Diagnostics

Streck, Inc., which develops and manufactures products for clinical and research laboratories, has entered into a distribution agreement for its molecular and cell stabilization products with HiSS Diagnostics GmbH, a distributor of medical laboratory products. More...
09 Feb 2017
Image: Werfen and Instrumentation Laboratory have acquired Accriva Diagnostics (Photo courtesy of iStock).

Werfen and Instrumentation Laboratory Acquire Accriva Diagnostics

Werfen and its subsidiary Instrumentation Laboratory (IL) have acquired Accriva Diagnostics, which provides in vitro diagnostic (IVD) blood testing at the Point-of-Care (POC). More...
26 Jan 2017
Image: PerkinElmer has entered into an agreement to acquire Tulip Diagnostics (Photo courtesy of iStock).

PerkinElmer Acquires Indian IVD Firm Tulip Diagnostics

PerkinElmer, Inc., which offers products, services and solutions for the diagnostics, research, environmental, industrial and laboratory services market, has entered into a definitive agreement to acquire Tulip Diagnostics Private Ltd., one of India’s largest domestic providers of in-vitro diagnostic reagents, kits and instruments. More...
17 Jan 2017

LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.
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