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BD Expands BD MAX With IVDR-Approved VIASURE Tests in Europe
ZACKS· 2025-12-16 17:41
Key Takeaways BDX received IVDR approval for two VIASURE assays, expanding BD MAX respiratory and STI testing in Europe.New BD MAX tests detect COVID-19, flu, RSV, HSV-1/2 and syphilis using a fully automated system.BDX says the expansion improves BD MAX utilization, customer reliance and recurring revenue growth.Becton, Dickinson and Company (BDX) , popularly known as BD, recently announced the expansion of its respiratory and sexually transmitted infection (STI) diagnostics portfolio in Europe. This follo ...
NeoGenomics Announces that Natera Has Voluntarily Withdrawn its Appeal in Ongoing RaDaR Patent Litigation
Businesswire· 2025-12-15 12:05
FORT MYERS, Fla.--(BUSINESS WIRE)--NeoGenomics, Inc. (NASDAQ:NEO), a leading provider of oncology diagnostic solutions that enable precision medicine, today announced that Natera voluntarily dismissed its appeal (and NeoGenomics thus dismissed its cross-appeal) of the North Carolina District Court's August 2025 ruling. The dismissal will leave in place the ruling in NeoGenomics' favor. That ruling, issued by the District Court for the Middle District of North Carolina, granted NeoGenomics' motion for summar ...
Natera Acquires Foresight Diagnostics
Businesswire· 2025-12-05 12:00
AUSTIN, Texas & BOULDER, Colo.--(BUSINESS WIRE)--Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and precision medicine, and Foresight Diagnostics, a leader in ultrasensitive molecular residual disease (MRD) detection, today announced that Natera has completed a transaction to acquire Foresight. Foresight is a cancer diagnostics company and CLIA-registered laboratory. The company's circulating tumor DNA (ctDNA)-based MRD tests leverage its patented PhasED-Seqâ"¢ technology, targeting phased va ...
QuidelOrtho Corporation (QDEL) Presents at Citi Annual Global Healthcare Conference 2025 Transcript
Seeking Alpha· 2025-12-03 20:43
PresentationPatrick DonnellyCitigroup Inc., Research Division We can look to get started. Thank you for joining us. I'm Patrick Donnelly, the tools and diagnostics analyst here at Citi. Happy to have Joe Busky, here from Quidel. Thanks for being here, Joe. Thanks for coming down. Maybe just chat a little bit. I was a little surprised by the stock reaction after 3Q. Any interesting feedback you heard from investors or the pushback on the quarter? Again, the sell-off was pretty steep. It's bounced back nicel ...
QuidelOrtho (NasdaqGS:QDEL) FY Conference Transcript
2025-12-02 16:02
QuidelOrtho (NasdaqGS:QDEL) FY Conference December 02, 2025 10:00 AM ET Company ParticipantsJoe Busky - CFOConference Call ParticipantsVijay Kumar - AnalystVijay KumarGreat. Thanks, everyone, for joining us this morning. I'm Vijay Kumar, the Life Science Diagnostics Med Device Analyst at Evercore. A pleasure to have with us quite a lot of. We have with us Joe Busky, the CFO, and we have Juliet Cunningham from Investor Relations. Joe, thank you for the time this morning.Joe BuskyThanks, Vijay. Thanks for hav ...
CEO.CA's Inside the Boardroom: Ventripoint Diagnostics: We Made Ultrasound as Good as MRI - Now Here's How We Scale It
Newsfile· 2025-11-27 12:30
CEO.CA's Inside the Boardroom: Ventripoint Diagnostics: We Made Ultrasound as Good as MRI - Now Here's How We Scale ItNovember 27, 2025 7:30 AM EST | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - November 27, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free ...
Biomerica's inFoods® IBS Product Featured in Biotherapeutics Quarterly, a Henry Schein Publication, Highlighting a New Precision Approach for Treating IBS
Globenewswire· 2025-11-25 13:19
Core Insights - Biomerica, Inc. has announced the publication of a large multicenter clinical trial demonstrating the effectiveness of its inFoods® IBS diagnostic-guided therapy in managing Irritable Bowel Syndrome (IBS) symptoms [1][3][10] Study Overview - The clinical trial was randomized, multicenter, double-blind, and placebo-controlled, evaluating the inFoods® IBS test's ability to identify patient-specific dietary triggers and guide targeted food elimination [2][4] - The study involved 223 IBS patients across eight major U.S. academic medical centers, including renowned institutions like Mayo Clinic and Harvard Beth Israel Deaconess Medical Center [4] Key Findings - Patients following the inFoods® IBS-guided elimination diet experienced significantly greater symptom relief, with 59.6% achieving the FDA-defined target for abdominal pain reduction compared to 42.1% in the control group [9] - Particularly strong results were noted in difficult-to-treat IBS subtypes, with 67.1% of IBS-C patients and 66.0% of IBS-M patients responding positively to the treatment [9] Methodology and Innovation - The inFoods® IBS assay utilizes a proprietary discriminatory p-value method to identify foods causing abnormal IgG responses unique to IBS patients, allowing for a more focused dietary approach [7][10] - The study design addressed limitations of previous research by employing an IBS-specific food panel and robust statistical methodology, enhancing the reliability of the findings [6][10] Clinical Implications - The results support a shift towards precision medicine in gastrointestinal care, where individualized biological markers guide tailored treatment decisions rather than generalized approaches [12][11] - The inFoods® IBS protocol typically results in the elimination of only 2 to 4 foods per patient, making it a more practical and sustainable option compared to broader dietary strategies like the low-FODMAP diet [8][10] Recognition and Future Outlook - The inclusion of inFoods® IBS in Biotherapeutics Quarterly highlights the growing recognition of Biomerica's innovation among healthcare professionals [13] - The study's outcomes underscore the potential of diagnostic-guided dietary strategies to address unmet clinical needs, particularly for IBS-M patients, for whom no FDA-approved medications currently exist [11][12]
LH Shares Gain Following Publication of New Plasma Detect MRD Data
ZACKS· 2025-11-21 14:16
Core Insights - Labcorp's Plasma Detect technology has been featured in two peer-reviewed publications, highlighting its role in detecting molecular residual disease from circulating tumor DNA [1][9] - Following the announcement, Labcorp's stock experienced a slight increase of 0.4%, indicating positive market sentiment [2] - The company has a market capitalization of $22.78 billion and an earnings yield of 5.9%, outperforming the industry average of 4% [3] Labcorp Plasma Detect Developments - A study in Nature Medicine showed promising results for patients with diffuse pleural mesothelioma, indicating that immune-based treatments combined with Labcorp Plasma Detect can enhance treatment strategies [4][5] - Research published in Clinical Cancer Research found that lymph fluid from head and neck cancer patients contains higher concentrations of tumor-derived DNA, suggesting that combining lymph fluid testing with plasma monitoring can improve cancer detection and treatment decisions [6][7] Industry Outlook - The global cancer diagnostics market is projected to grow from $109.61 billion in 2024 to $155.07 billion by 2030, with a CAGR of 6.14% from 2025 to 2030, driven by increasing cancer prevalence and advancements in diagnostic technologies [8] Strategic Developments - Labcorp has entered a strategic agreement with Parkview Health to acquire select assets of its outreach laboratory services, enhancing its testing capabilities in Indiana and northwest Ohio [10] Stock Performance - Over the past year, Labcorp's shares have increased by 8.8%, contrasting with a 3% decline in the broader industry [11]
Abbott Laboratories (NYSE:ABT) M&A Announcement Transcript
2025-11-20 15:02
Summary of Abbott Laboratories Conference Call on Acquisition of Exact Sciences Company and Industry - **Company**: Abbott Laboratories (NYSE: ABT) - **Acquisition Target**: Exact Sciences, a leader in advanced cancer diagnostics - **Industry**: Healthcare, specifically cancer diagnostics Core Points and Arguments 1. **Acquisition Announcement**: Abbott has entered into a definitive agreement to acquire Exact Sciences for $105 per share, totaling an equity value of $21 billion and an enterprise value of approximately $23 billion [2][9][10] 2. **Market Opportunity**: Approximately 20 million people are diagnosed with cancer globally each year, highlighting a significant market need for advanced diagnostics [3][14] 3. **Exact Sciences' Product Portfolio**: - Cologuard: Leading non-invasive colorectal cancer screening test - CancerGuard: Liquid biopsy test detecting over 50 types of cancer - Oncotype DX: Personalized therapy selection test - Oncodetect: Minimal residual disease test - RiskGuard: Genetic test for hereditary cancer risk [4][5] 4. **Financial Projections**: Exact Sciences is projected to generate over $3 billion in revenue with high teens organic sales growth and an adjusted gross margin of over 70% [6][10] 5. **Market Expansion**: The acquisition is expected to double Abbott's total addressable market (TAM) in diagnostics from approximately $60 billion to over $120 billion [7][9] 6. **Growth Impact**: The acquisition is anticipated to add approximately 50 basis points to Abbott's total sales growth rate and 300 basis points to the diagnostics segment's growth rate [9][10] 7. **Margin Improvement**: Expected increase in Abbott's adjusted gross margin by approximately 100 basis points and 700 basis points for the diagnostics segment [9][10] 8. **Synergies**: Projected annual pre-tax synergies of at least $100 million by 2028, primarily through leveraging Abbott's scale rather than cost-cutting [10][26] 9. **Long-term Vision**: Abbott aims to build a premier cancer diagnostic company, focusing on early detection and personalized care [18][49] 10. **Integration Strategy**: Emphasis on successful integration and capitalizing on growth opportunities within Exact Sciences [48][52] Additional Important Content 1. **Regulatory and Market Access**: Exact Sciences has established capabilities in navigating regulatory environments and payer coverage, which Abbott plans to leverage [28] 2. **International Opportunities**: Majority of Exact's revenue is US-based, presenting significant international expansion opportunities [29] 3. **Sustainability of Cologuard**: Growth in Cologuard is expected to continue, with ongoing product enhancements and rescreening opportunities [35][37] 4. **Capital Allocation Strategy**: Abbott plans to maintain a balanced approach to capital allocation, focusing on dividends and debt management while pursuing strategic acquisitions [41][43] 5. **Future Growth Catalysts**: Anticipated launches of new tests, including CRC MRD and multi-cancer screening, are expected to drive future growth [20][21] This summary encapsulates the key points discussed during the conference call regarding Abbott's acquisition of Exact Sciences, highlighting the strategic, financial, and operational implications of the transaction.
Abbott to acquire Exact Sciences, a leader in large and fast-growing cancer screening and precision oncology diagnostics segments
Prnewswire· 2025-11-20 12:30
Core Viewpoint - Abbott has announced a definitive agreement to acquire Exact Sciences for $105 per share, totaling approximately $21 billion, to enhance its position in the cancer diagnostics market [1][5][6]. Company Overview - Exact Sciences specializes in early cancer detection and personalized treatment support, offering a range of products that assist patients and healthcare providers throughout the cancer journey [3][11]. - The company is recognized for its innovative cancer screening and precision oncology diagnostics, including the Cologuard® test and Oncotype DX® [4][11]. Financial and Operational Details - The acquisition will add a new growth vertical to Abbott's existing high single-digit growth profile, positioning it to lead in the $60 billion U.S. cancer screening and precision oncology diagnostics market [7]. - Exact Sciences is projected to generate over $3 billion in revenue this year, with a high teens organic sales growth rate, which will contribute to Abbott's total diagnostics sales exceeding $12 billion annually post-acquisition [8][7]. Strategic Implications - The merger aims to accelerate innovation and expand access to cancer diagnostics, enabling earlier detection and improved management of cancer for millions of patients [2][5]. - Abbott's CEO emphasized the complementary strengths of both companies, aiming to tackle global cancer challenges together [5][6]. Future Outlook - The transaction is expected to close in the second quarter of 2026, pending shareholder and regulatory approvals [6]. - Following the acquisition, Exact Sciences will continue to operate from its Madison, Wisconsin location, with its CEO remaining in an advisory role to facilitate the transition [9].