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Image: The global antimicrobial resistance diagnostics market size is expected to reach USD 5.7 billion by 2028 (Photo courtesy of Pexels)

Global Antimicrobial Resistance Diagnostics Market Driven by Increasing Hospital-Acquired Infections

The global market for antimicrobial resistance diagnostics is expected to reach USD 5.7 billion by 2028, registering a CAGR of 6.1% during the forecast period 2022-2028. The market growth will be driven by the availability of better diagnostic tests and kits, as well as the increasing incidence of hospital-acquired infections. More...
31 Mar 2023
Image: North America is the leading region in the global cTn diagnostics market (Photo courtesy of Pexels)

Cardiac Troponin Diagnostics Market Driven by Demand for High Sensitivity POC Testing

The global market for cardiac troponin (cTn) diagnostics is expected to achieve a compound annual growth rate (CAGR) of 2.4%, reaching USD 2.28 billion by 2025 from USD 2.07 billion in 2021, driven by a rise in the number of patients with cardiac complaints visiting emergency departments and the increasing adoption of high-sensitivity POCT cTn assays by hospitals and clinical laboratories, which can detect troponin in lower concentrations and shorten the timeline for MI detection. More...
27 Mar 2023
Image: Roche and Lilly will collaborate on the development of Roche Diagnostics’ Elecsys Amyloid Plasma Panel (Photo courtesy of Roche)

Roche and Eli Lilly Collaborate on Innovative Blood Test for Early Diagnosis of Alzheimer's

Roche has entered into a collaboration with Eli Lilly to support the development of Roche’s Elecsys Amyloid Plasma Panel (EAPP) - an innovative blood test that aims to facilitate the earlier diagnosis of Alzheimer’s disease. More...
23 Mar 2023
Image: The Miro Canvas system is a revolutionary digital microfluidics platform that automates NGS library prep. (Photo courtesy of Miroculus)

Integra Biosciences Acquires Biotechnology Specialist Miroculus to Advance Genomics Discoveries

INTEGRA Biosciences has acquired Miroculus, a biotech company focused on developing automation solutions that streamline NGS protocols. The acquisition will allow INTEGRA to extend its reach in the growing NGS market, providing novel process automation solutions to assist academic, research and diagnostics laboratories in saving time and speeding up discovery in this dynamic field. More...
20 Mar 2023
Image: Enzo’s GoTestMeNow online platform allows individuals to request and pay for routine lab tests online (Photo courtesy of Enzo Clinical Labs)

Enzo Biochem Sells Clinical Laboratory Division to Labcorp

Enzo Biochem has entered into an agreement for LabCorp Diagnostics to acquire the assets of Enzo’s Clinical Laboratory division. The deal between the two top global life sciences companies comes after several measures taken by Enzo in 2022 to further drive the company’s “focused return” initiative for maximizing shareholder value. More...
20 Mar 2023
Image: Werfen had reached an agreement in November 2022 to acquire Immucor for USD 2 billion (Photo courtesy of Werfen)

Werfen Completes Immucor Acquisition to Expand Leadership in Specialized Diagnostics

Werfen has successfully completed the acquisition of Immucor, a privately held in vitro diagnostics (IVD) company with a strong presence in the global Transfusion and Transplant markets, after receiving the required regulatory and antitrust approvals. More...
16 Mar 2023
Image: PerkinElmer has completed the divestiture of its applied, food and enterprise services businesses (Photo courtesy of PerkinElmer)

PerkinElmer Transforms into New Life Sciences & Diagnostics Company with Completion of Business Divestitures

PerkinElmer, Inc. (Waltham, MA; USA) has successfully completed the previously announced divestiture of its Applied, Food and Enterprise Services businesses. The resulting new, high-growth Life Sciences and Diagnostics business, focused on developing and delivering novel scientific breakthroughs that is expected to have a significant impact on improving global health, will share the PerkinElmer name with the Applied, Food and Enterprise Services businesses until a new name, brand and ticker symbol is introduced in Q2 2023 pending shareholder approval. More...
15 Mar 2023
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LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.
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