We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us
INTEGRA BIOSCIENCES AG

ALCOR Scientific Inc.

ALCOR Scientific develops and manufactures proprietary devices for the clinical diagnostics and enteral feeding devic... read more Featured Products: More products

Download Mobile App




Events

09 Apr 2024 - 12 Apr 2024
15 Apr 2024 - 17 Apr 2024
23 Apr 2024 - 26 Apr 2024

Alcor Scientific Partners with Health Care Investor Water Street to Accelerate Expansion

By LabMedica International staff writers
Posted on 01 Mar 2022
Print article
Image: Alcor Scientific Partners with Water Street (Photo courtesy of Unsplash)
Image: Alcor Scientific Partners with Water Street (Photo courtesy of Unsplash)

Alcor Scientific (Smithfield, RI, USA) has partnered with strategic health care investor Water Street Healthcare Partners (Chicago, IL, USA) which has committed significant capital to invest in Alcor's expansion.

Alcor plans to leverage Water Street's investment to achieve its goals for accelerating the development of new technologies, expanding its product portfolio and bolstering its global reach. Alcor is one of the only providers to offer a fully automated solution for Erythrocyte Sedimentation Rate (ESR) testing, which measures inflammation for a range of clinical purposes, including diagnosing and monitoring autoimmune diseases, cancer and infections. More than 1,100 hospitals and reference laboratories around the world have adopted Alcor's proprietary testing system comprised of analyzers and consumable tests. Water Street has committed significant capital to invest in Alcor's research and development initiatives, product portfolio and international expansion.

"Innovation is the cornerstone of Alcor," said Carlo Ruggeri, founder of Alcor. "Our family founded and grew this company by conceiving and developing new medical technologies that meaningfully improve patient care. I'm very pleased to have found in Water Street a strategic partner that values our legacy and will help us build on it. Water Street's diagnostics and medical products expertise combined with the experience of our new CEO, Jim Post, will help us not only build - but accelerate - Alcor's next phase of innovation and growth."

"Alcor stands out for its exceptionally high customer satisfaction and retention ratings," added Scott Garrett, operating partner at Water Street. "Health care providers greatly value Alcor's ESR testing system, saying it helps save time and labor costs to improve their overall workflow. Together with Carlo and the leadership team, we will build on this strong foundation through organic investments and acquisitions of complementary products and technologies to extend its product portfolio and global reach."

"Alcor is an outstanding company with great people who are passionate about what they do and it shows in their results," said Jim Post, Alcor’s newly-appointed CEO. "I'm excited to be joining the company at this point in its history and development and to work together to achieve our shared goal of building Alcor into a global diagnostics leader."

Related Links:
Alcor Scientific
Water Street Healthcare Partners 

Platinum Member
COVID-19 Rapid Test
OSOM COVID-19 Antigen Rapid Test
One Step HbA1c Measuring System
GREENCARE A1c
Anti-Cyclic Citrullinated Peptide Test
GPP-100 Anti-CCP Kit
Gold Member
Xylazine Immunoassay Test
Xylazine ELISA

Print article

Channels

Clinical Chemistry

view channel
Image: Reaching speeds up to 6,000 RPM, this centrifuge forms the basis for a new type of inexpensive, POC biomedical test (Photo courtesy of Duke University)

POC Biomedical Test Spins Water Droplet Using Sound Waves for Cancer Detection

Exosomes, tiny cellular bioparticles carrying a specific set of proteins, lipids, and genetic materials, play a crucial role in cell communication and hold promise for non-invasive diagnostics.... Read more

Molecular Diagnostics

view channel
Image: MOF materials efficiently enrich cfDNA and cfRNA in blood through simple operational process (Photo courtesy of Science China Press)

Blood Circulating Nucleic Acid Enrichment Technique Enables Non-Invasive Liver Cancer Diagnosis

The ability to diagnose diseases early can significantly enhance the effectiveness of clinical treatments and improve survival rates. One promising approach for non-invasive early diagnosis is the use... Read more

Hematology

view channel
Image: The low-cost portable device rapidly identifies chemotherapy patients at risk of sepsis (Photo courtesy of 52North Health)

POC Finger-Prick Blood Test Determines Risk of Neutropenic Sepsis in Patients Undergoing Chemotherapy

Neutropenia, a decrease in neutrophils (a type of white blood cell crucial for fighting infections), is a frequent side effect of certain cancer treatments. This condition elevates the risk of infections,... Read more

Pathology

view channel
Image: The OvaCis Rapid Test discriminates benign from malignant epithelial ovarian cysts (Photo courtesy of INEX)

Intra-Operative POC Device Distinguishes Between Benign and Malignant Ovarian Cysts within 15 Minutes

Ovarian cysts represent a significant health issue for women globally, with up to 10% experiencing this condition at some point in their lives. These cysts form when fluid collects within a thin membrane... Read more
Copyright © 2000-2024 Globetech Media. All rights reserved.