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Danaher Gains From Business Strength Amid Persisting Headwinds
ZACKS· 2025-09-02 16:25
Key Takeaways DHR's bioprocessing orders rose for the eighth straight quarter in Q2 2025.Biotechnology segment revenues grew 6%, driven by demand for mAbs.Life Sciences revenues fell 2.5% as academic and government demand weakened.Danaher Corporation (DHR) has been witnessing solid momentum in its bioprocessing business, driven by an increase in demand for consumables from large pharmaceutical customers in Europe. In the second quarter of 2025, orders in the bioprocessing business increased for the eighth c ...
iMDx to Participate in NYC Investment Conferences September 8 - 11
Globenewswire· 2025-08-26 20:05
NASHVILLE, Tenn., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Insight Molecular Diagnostics Inc., or iMDx, (Nasdaq: IMDX), today announced participation in investor conferences hosted by both H.C. Wainwright and Lake Street Capital Markets. Information for each can be found below: Event: H.C. Wainwright 27th Annual Global Investment ConferenceDate: September 8 – 9, 2025Location: In-person at the Lotte New York Palace Hotel and virtual Format: Company presentation on Monday, September 8 at 5:00 pm ET, and one-on-one m ...
Is it the Right Time to Hold Labcorp Stock in Your Portfolio?
ZACKS· 2025-08-26 13:26
Core Insights - Labcorp Holdings Inc. is strategically positioned for growth through a focus on specialty areas and a solid acquisition pipeline, although macroeconomic challenges may impact its potential [1][7]. Financial Performance - Over the past year, Labcorp's stock has increased by 20%, outperforming the industry which fell by 16.7% and the S&P 500's growth of 15.9% [2]. - The company has a market capitalization of $23.12 billion and an earnings yield of 5.8%, compared to the industry's 4.2% [2]. - Labcorp has consistently surpassed earnings estimates over the last four quarters, with an average surprise of 2.5% [2]. Growth Drivers - Strategic acquisitions and partnerships are key to Labcorp's growth, with a $25 million investment in Q2 2025 leading to a 3.5% revenue growth contribution from acquisitions [3][4]. - The company is focusing on high-growth specialty testing areas such as oncology, women's health, autoimmune diseases, and neurology, which are projected to grow up to three times faster than other therapeutic areas [5]. - Labcorp launched several innovative tests, including Labcorp Plasma Detect for colon cancer recurrence risk and a liquid biopsy test for targeted treatment guidance [5][8]. Operational Efficiency - Labcorp is enhancing operational efficiency through technology and process improvements, achieving targeted savings of $350 million by the end of 2024 [9][10]. - The company aims to drive annual savings of $100-$125 million through various initiatives, contributing to a 20-basis-point improvement in adjusted operating margin [10]. Challenges - Macroeconomic risks, including inflation and geopolitical tensions, are affecting demand for diagnostic testing and drug development services, which may impact profitability [11]. - Labcorp's international exposure makes it vulnerable to currency fluctuations, with a 0.1% adverse impact on revenues reported in Q2 2025 due to currency headwinds [12]. Future Outlook - The Zacks Consensus Estimate for Labcorp's 2025 earnings has increased by 1.6% to $16.30, with revenues projected at $14.00 billion, indicating a 7.7% improvement from 2024 [13].
PAVmed Signs Letter of Intent to License Groundbreaking Endoscopic Esophageal Imaging Technology
Prnewswire· 2025-08-26 12:01
Core Viewpoint - PAVmed Inc. has formed a new subsidiary to license advanced endoscopic imaging technology from Duke University, aimed at improving the diagnosis and treatment of esophageal dysplasia, which is a precursor to esophageal cancer [1][8]. Group 1: Technology and Collaboration - The technology involves a multi-modality probe that combines angle-resolved low coherence interferometry (a/LCI) with optical coherence tomography (OCT), potentially offering a more efficient alternative to traditional biopsies [1]. - PAVmed will collaborate with Lucid Diagnostics as a strategic and equity partner in this initiative [1]. - The technology is expected to enable real-time detection and immediate treatment of dysplasia during endoscopic procedures, addressing the limitations of traditional biopsy methods [3][6]. Group 2: Clinical Implications - Dr. Nicholas Shaheen highlighted that this technology could transform the diagnosis and treatment of esophageal precancer, improving patient outcomes and healthcare resource utilization [2]. - Prior clinical research indicated that the a/LCI technology demonstrated 100% sensitivity and 88% overall accuracy in detecting precancerous changes during live examinations [6]. - The integrated a/LCI and OCT technology has shown comparable sensitivity and improved specificity for detecting dysplasia, with results pending peer-reviewed publication [6]. Group 3: Company Strategy and Market Potential - PAVmed's CEO, Dr. Lishan Aklog, expressed optimism about the commercialization of this technology, anticipating that widespread adoption will significantly increase the diagnosis of esophageal precancer [7]. - The venture aligns with PAVmed's structure of independently financeable subsidiaries and builds on successful partnerships with academic medical centers [8]. - The exclusive worldwide license agreement for the a/LCI + OCT technology is contingent upon the execution of a definitive license agreement [8].
IMDX CFO Andrea James Featured in Empowered Patient Podcast on Democratizing Molecular Diagnostics
GlobeNewswire News Room· 2025-08-25 13:15
BOSTON, Aug. 25, 2025 (GLOBE NEWSWIRE) -- The Empowered Patient Podcast with Karen Jagoda recently featured Andrea James, Chief Financial Officer of Insight Molecular Diagnostics, Inc. (iMDx) (Nasdaq: IMDX), in an episode on “Democratizing Molecular Diagnostics: Transforming Transplant Success.” Andrea James, Chief Financial Officer of Insight Molecular Diagnostics, Inc. (iMDx) In the episode, James discussed iMDx’s mission, the company’s focus on transplant diagnostics, and its strategy to bring testing c ...
New Evidence Published Supporting Use of DecisionDx®-SCC Test in Guiding and Improving Treatment Pathway Decisions in NCCN High-Risk Cutaneous Squamous Cell Carcinoma
Globenewswire· 2025-08-25 11:00
New validation study shows DecisionDx-SCC significantly outperforms current staging systems in predicting risk of local recurrence and metastasis for NCCN high-risk patients Clinician survey confirms test results align with treatment decision-making thresholds for adjuvant radiation therapy and surveillance imaging FRIENDSWOOD, Texas, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced the pub ...
QuidelOrtho Completes Debt Refinancing
Prnewswire· 2025-08-21 20:30
Core Viewpoint - QuidelOrtho Corporation has successfully completed a series of transactions to refinance its debt structure, extending debt maturities and reducing required amortization payments, which supports future growth [1][3]. Summary of New Transactions - The company has secured a $1.15 billion 5-year senior secured Term Loan A, replacing the previous Term Loan A from 2022 [8]. - A $100 million delayed draw Term Loan A has been established, which remains undrawn at the close [8]. - Additionally, a $1.45 billion 7-year senior secured Term Loan B has been arranged [8]. - The refinancing includes a $700 million revolving credit facility that replaces and pays in full the previous credit facility [8]. Financial Strategy - The Chief Financial Officer emphasized that the highest capital allocation priority is to reduce total debt and net debt leverage, improving financial flexibility and cash flow [3]. - The improved debt covenant terms and reduced amortization requirements will provide greater options for funding continued business growth [3].
Trinity Biotech Appoints Paul Tivnan as Non-Executive Director
Globenewswire· 2025-08-21 13:00
Company Overview - Trinity Biotech plc is a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors [5][6] - The company develops, acquires, manufactures, and markets diagnostic systems for point-of-care and clinical laboratory segments [5][6] Recent Developments - The company announced the appointment of Paul Tivnan as a Non-Executive Director on its Board of Directors [1] - Mr. Tivnan has over 25 years of senior leadership experience in finance, capital markets, and corporate governance across various sectors, including infrastructure and cleantech [2][3] - His previous roles include CFO of Deriva Energy LLC and CFO of Brookfield Renewable Ireland, where he led a successful IPO [2][3] Strategic Goals - The appointment of Mr. Tivnan is aimed at strengthening corporate governance and bringing diverse perspectives to the Board as the company pursues growth opportunities in diagnostics and wearable health technologies [3] - Trinity Biotech is focused on executing its transformation strategy and developing a range of biosensor devices, starting with a continuous glucose monitoring product [6]
Science Bytes Podcast Explores How Diagnostics Can Help Protect Students and Communities
Prnewswire· 2025-08-21 13:00
Key points from Dr. Temte's discussion include: This episode reflects QuidelOrtho's commitment to equipping healthcare providers and the public with timely, actionable information. By highlighting expert insights and practical solutions, QuidelOrtho aims to reduce illness spread and safeguard community health. The QuidelOrtho Science Bytes podcast is available on major streaming platforms and at: https://www.quidelortho.com/global/en/resources/podcasts/quidelortho-science-bytes. About QuidelOrtho Corporatio ...
Castle Biosciences to Participate in Upcoming Investor Conferences
GlobeNewswire News Room· 2025-08-21 11:00
FRIENDSWOOD, Texas, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that its executive management is scheduled to present a company overview at Baird's 2025 Global Healthcare Conference on Wednesday, Sept. 10, 2025, at 10:15 a.m. Eastern time. A live audio webcast of the Company's presentation will be available by visiting Castle Biosciences' website at ir.castlebiosciences.com/events-pres ...