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Industry News

Image: Quantimetrix founder, Dr. Robert Ban (Photo courtesy of Quantimetrix).

Founder of Quantimetrix Dies at 89

Dr. Robert William Ban, who founded Quantimetrix Corporation over 40 years ago, and grew the company into a world leader in laboratory liquid control systems, died peacefully in California at the age of 89. More...
24 Oct 2016

Middle East In Vitro Diagnostics Market Worth USD3.4 Billion by 2021

The Middle East market for in vitro diagnostics will be worth USD 3.4 billion by 2021 and record a growth that is one and one-half to double that of the world IVD market. The growth will be driven by expanding populations and a commitment to healthcare spending in this region, which houses offices of most global concerns in Saudi Arabia, Egypt, Dubai or other locales to service this population with testing products and supplies. More...
14 Oct 2016

Danaher Corporation to Acquire Phenomenex

Danaher Corporation will acquire Phenomenex Inc., a privately held manufacturer and distributor of high-value consumables for the separation sciences, including proprietary chromatography consumables for the liquid and gas chromatography market. More...
14 Oct 2016

Instrumentation Laboratory Acquires CA Casyso

Instrumentation Laboratory (IL), which manufactures instruments and reagents for the global hemostasis market, has acquired CA Casyso AG (Basel, Switzerland) and its Tem subsidiaries (Tem), a provider of in vitro diagnostic (IVD) testing for patient blood management (PBM). More...
26 Sep 2016

Danaher to Acquire Cepheid for USD 4 Billion

Danaher Corporation will acquire Cepheid by purchasing all of the company’s outstanding shares for $53.00 per share in cash, or a total enterprise value of approximately USD 4 billion, including indebtedness and net of acquired cash. More...
07 Sep 2016

Global In Vitro Diagnostic Test Market Worth USD 60 Billion

The global in vitro diagnostic (IVD) test market is currently worth USD 60.5 billion and will continue to grow, though a moderate and gradual change is likely to be witnessed over the next five to ten years, as more opportunities are created in novel tests and growing regions, while the traditional categories and reliable large markets face challenges. More...
26 Aug 2016

Critical Care Diagnostics Market Worth USD 1.29 Billion By 2024

The global critical care diagnostics (CCD) market will grow at a lucrative rate over the next few years to reach USD 1.29 billion by 2024, driven by the rapid awareness and acknowledgment of these tests by physicians and patients, rise in geriatric population and chronic health conditions, use of telehealth services in remote areas, and technological advancements. However, increased cost of molecular diagnostics and shortage of skilled labor to handle new platforms are expected to hinder the industry’s growth. More...
16 Aug 2016


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