Diagnostics: Page 14
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Courtesy of U.S. Food and Drug Administration
FDA authorizes first at-home flu-COVID-19 combination test days after its developer files for bankruptcy
Lucira filed for bankruptcy protection last week, saying the “protracted” authorization process caused it to miss out on test sales in the 2022 to 2023 flu season.
By Nick Paul Taylor • Feb. 27, 2023 -
Permission granted by GE HealthCare
Q&AFriday Q&A: GE HealthCare’s Yoder on using AI to drive precision care
The healthcare technology and diagnostics firm, now a standalone company, will integrate the acquisition of AI software developer Caption Health under Yoder’s lead.
By Susan Kelly • Feb. 23, 2023 -
Explore the Trendline➔
Sitthiphong via Getty Images
TrendlineMedical device industry continues to turn to AI
While the industry continues to embrace artificial intelligence, there are still questions about how the new technologies need to be regulated and if they are effective.
By MedTech Dive staff -
Courtesy of Labcorp
Labcorp expects 2023 revenue growth, helped by Ascension testing agreement
The company’s business model is shifting as the diagnostics firm prepares to spin off its drug development business and expands management of hospital testing labs.
By Elise Reuter • Feb. 16, 2023 -
Baxter, Abbott, Thermo Fisher among medtech firms cutting jobs on supply issues, slide in testing
"What COVID gave to diagnostics companies, COVID taketh away now that the virus is endemic,” said one analyst.
By Susan Kelly • Updated Feb. 13, 2023 -
Courtesy of Illumina
Illumina posts sales slump in Q4, bets on new sequencing machine to drive 2023 growth
Management is looking to the newly launched NovaSeq X system to help return the company to profitability this year.
By Nick Paul Taylor • Feb. 8, 2023 -
Christopher Furlong via Getty Images
UK health system, under strain, lays out medtech strategy
The state-run National Health Service, now facing a strike by nurses and paramedics, hopes new technologies will help solve some of its long-term challenges to improve patient care.
By Susan Kelly • Feb. 7, 2023 -
Courtesy of GuardantHealth
Diagnostic firms turn to restructuring in bid to preserve cash: Goldman
The moves could lead to underfunding, delay or cancellation of research and development projects, the analysts say.
By Nick Paul Taylor • Feb. 7, 2023 -
JaysonPhotography via Getty Images
Medtech earnings highlights: Easing of macro pressures, accelerated growth in 2023
Still, the latest round of quarterly results show that hospital staffing and supply chain remain a challenge.
By Nick Paul Taylor • Feb. 6, 2023 -
Courtesy of Quest Diagnostics
Quest cuts 2023 COVID tests forecast amid continued slump in demand; Q4 profit plunges
The company performed 1.2 million molecular tests in the fourth quarter, down from 1.9 million in the third quarter and 5.4 million one year ago.
By Nick Paul Taylor • Feb. 3, 2023 -
Courtesy of Medtronic
Q&AFriday Q&A: Medtronic’s Chan talks patient monitoring spinoff, rise of home care
As more patients are moved out of expensive hospital beds, Medtronic sees a growing market for remote care in homes and long-term care facilities.
By Elise Reuter • Feb. 2, 2023 -
Permission granted by Becton Dickinson
BD raises full-year forecast, sees Q1 strength in pharmacy automation, pre-fillables
The company’s base businesses helped cushion the impact of declining COVID-19 testing demand.
By Susan Kelly • Feb. 2, 2023 -
Retrieved from Siemsens Website on July 01, 2022
Siemens Healthineers forecasts revenue growth to accelerate despite supply chain woes
Lower diagnostics revenue hurt sales in the three months ended Dec. 31.
By Nick Paul Taylor • Feb. 2, 2023 -
Gorodenkoff via Getty Images
Medtech trends in 2023Medtech M&A outlook for 2023: Spinoffs, China exits, AI opportunities poised to spur deal rebound
Companies flush with cash are looking for good investments and innovative products that can reduce procedure costs, industry observers say.
By Peter Green • Jan. 31, 2023 -
Courtesy of University of Illinois/Yongdeok Kim
Researchers create remote-controlled biological robot that could eventually be used in surgery
The design allows the integration of sensors and other components that could eventually equip the robots to detect biomarkers of disease, carry out biopsies or perform surgery.
By Nick Paul Taylor • Jan. 26, 2023 -
Courtesy of Abbott Laboratories
Abbott sees ‘signs of stability’ for 2023 as hospital staffing, supply chain improves
While the company continues to grapple with supply shortages and procedure restrictions, it sold more COVID-19 tests than expected in the fourth quarter.
By Elise Reuter • Jan. 25, 2023 -
Scott Olson via Getty Images
FDA weighs shift in COVID vaccination strategy
Agency scientists are proposing to update COVID shots once a year to match circulating coronavirus strains, as well as simplifying current vaccination regimens.
By Ned Pagliarulo • Jan. 23, 2023 -
Courtesy of Stanford University
Q&A3 questions for Michael Snyder, lead inventor of single-drop blood test
The head of a Stanford research team says the test differs from Theranos' defunct product because "ours works."
By Peter Green • Jan. 23, 2023 -
sorbetto via Getty Images
Stanford team reports progress with Theranos-like finger prick blood test
The researchers have created a system for capturing and analyzing thousands of molecules from a single drop of blood.
By Nick Paul Taylor • Jan. 23, 2023 -
Courtesy of Google Cloud
OpinionRealizing the promise of AI for medical imaging and diagnosis
Alissa Hsu Lynch, global lead for MedTech Strategy & Solutions at Google Cloud, explains how medtech companies can benefit from applying AI to the explosion of medical imaging data.
By Alissa Hsu Lynch, global lead for MedTech Strategy & Solutions at Google Cloud • Jan. 19, 2023 -
Adam Berry via Getty Images
CT scans offer new path to diagnose treatable cause of high blood pressure, study shows
While the approach could increase demand for CT imaging, the supply of radioactive tracers is potentially a barrier to adoption of the technique.
By Nick Paul Taylor • Jan. 19, 2023 -
Spencer Platt via Getty Images
Deep learning may improve triaging of people with acute chest pain, study shows
The researchers trained a model to find signs in scans that a person may have a serious cardiovascular condition.
By Nick Paul Taylor • Jan. 19, 2023 -
simonkr via Getty Images
Bayer to buy AI imaging platform Blackford Analysis to bolster radiology growth strategy
Bayer aims to outpace the broader radiology segment by investing in fast-growing technologies such as imaging AI.
By Elise Reuter • Updated Jan. 18, 2023 -
yodiyim via Getty Images
AI predicts lung cancer risk six years into the future using single CT scan: study
A research team has made the deep learning model publicly available and says it has no intention to commercialize it.
By Nick Paul Taylor • Jan. 17, 2023 -
Courtesy of Cue Health Press Kit
Cue Health lays off 388 people as demand falls for COVID-19 tests
Cue is reducing its headcount by 26% after laying off 170 employees last June.
By Nick Paul Taylor • Jan. 11, 2023 -
Courtesy of GuardantHealth
Guardant Health posts revenue growth in Q4 on higher clinical testing volumes
The oncology diagnostics company’s preliminary results beat analyst estimates.
By Nick Paul Taylor • Jan. 10, 2023
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