Tag:

diagnostics

Latest Headlines

Latest Headlines

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.

IDEXX raises 2015 sales forecast on predicted demand for new lab tests

Veterinary diagnostics maker IDEXX produced mixed results in the fourth quarter, announcing disappointing revenues but beating analysts' earnings estimates on Friday.

Diagnostics makers face regulatory, cost hurdles in animal health market

Between the need to protect food animals from pathogens and the willingness of pet owners to pay top dollar for testing and treatments, the animal health industry represents a huge opportunity for diagnostics makers. In fact, animal-health diagnostics is expected to be a $4.2 billion market by 2018, according to research firm MarketsandMarkets.

Why spend money on awareness? A new study shows the campaigns actually work

Here's some statistical confirmation that awareness campaigns work--and that they can work well. During a three-month push for lung cancer testing in the U.K., primary care doctors referred more than 3,000 extra patients to get tested. About 700 were diagnosed with lung cancer.

Who are the stars of personalized meds? Roche, Novartis and J&J

Targeted drugs, personalized medicine, stratified therapy--whatever you call it, using biomarkers to identify particular patients for particular drugs has been hailed as a boon for patients and a savvy strategy for pharma.

Who are the stars of personalized medicine? Roche, Novartis and J&J

The star of personalized medicine is just the company you'd expect: Roche, with its drug-plus-diagnostic approach to cancer R&D and its stable of blockbuster HER2-positive therapies, and a total of almost $20 billion in sales from its targeted drugs.