Latest Headlines

Latest Headlines

Animal drugs, diagnostics and distribution on display at J.P. Morgan confab

Most of IDEXX Laboratories' revenues come from the rapidly growing animal health industry, so CEO Jonathan Ayers focused his entire presentation at the J.P. Morgan Healthcare Conference on that segment of the market, livening up his financial estimates with colorful slides featuring playful dogs and cats.

Affymetrix teams with Bio-Genesys to offer genetic testing for livestock

California-based Affymetrix and Bio-Genesys Diagnostics of the U.K. announced on January 12 that they have formed a partnership to offer genotyping services to professional farmers.

Note for Readers: FierceDiagnostics is merging with FierceMedicalDevices

Starting this week, FierceDiagnostics is going to be merging with its sister publication FierceMedicalDevices. We are not changing too much with FierceMedicalDevices, we will retain the name and brand but coverage will expand to include the diagnostics industry.

Roche bags antibiotics diagnostics tech in $425M GeneWeave buyout

With Roche's R&D arm stepping back into antibiotics development, the pharma giant has struck a $425 million deal--with $190 million upfront--to buy a U.S. diagnostics outfit that's been developing some rapid-fire tech for matching the right antibiotic with the right bug.

FDA picks DNAnexus for Precision Medicine genome data sharing program

The deal gives DNAnexus a starring role in the creation of precisionFDA, an open-source platform the FDA sees as a way to manage the anticipated surge in the amount of genomic data the industry has to handle.

IDEXX shares climb on record diagnostics placements and Q2 earnings gain

Veterinary diagnostics maker IDEXX reported on Thursday that its revenues for the second quarter grew 6% year over year to $413 million, as placements of its blood analysis systems hit a record of 900 units for the period. Placements of its Catalyst One next-generation chemistry analyzer skyrocketed 44% to an all-time record of 1,100 units, the company said in a press release announcing the results.

Vermillion raises $18.8M to fund escalation of bioinformatics ambitions

Vermillion has tapped investors for money to fund the enhancement of its bioinformatics platform. The diagnostics and bioanalytics player pulled in a total of $18.8 million through a stock offering, a slice of which will be ploughed into biotech IT.

AZ's Iressa gets back in the game with first-line FDA approval in lung cancer

AstraZeneca's Iressa is back. After four years off the U.S. market, the lung cancer fighter has picked up an FDA approval as a first-line lung cancer therapy, specifically for patients whose tumors test positive for certain EGFR mutations, the company said Monday.

High-flyer Heska meets Q1 earnings expectations on so-so sales

Shares of veterinary diagnostics maker Heska have doubled in the past year, as investors have rewarded the company for its efforts to generate higher revenues from recurring sources. It's clearly still a work in progress for the Colorado company though: Heska reported that sales in its first quarter rose just 10% year over year to $22.9 million.

New pet-care apps arm owners, veterinarians with mobile diagnostic tools

Dog-lover Taro Franke, a tech entrepreneur and artificial intelligence researcher in Germany, was chatting with a veterinarian friend of his one day about a self-learning diagnostic system he had developed for use in human health. It dawned on them that the technology might be even more useful for pet owners trying to determine whether symptoms they spot in their dogs are serious enough to warrant a visit to their local veterinary clinic.