Industry
AI Outperforms Pathologists in Diagnosing Breast Cancer
A study comparing the ability of Artificial Intelligence (AI) algorithms with expert pathologists in detecting metastatic breast cancer in whole-slide images found that the machine learning outperformed the pathologists. The results of the study published in the Journal of the American Medical Association suggests that deep learning algorithms have the ability to improve diagnosis and could be used to help clinicians detect cancer in the clinic. More...20 Dec 2017
Google Releases AI Tool for Precision Medicine
Google LLC has announced the open source release of DeepVariant, a deep learning technology to reconstruct the true genome sequence from high-throughput sequencing (HTS) data with significantly greater accuracy than previous classical methods. DeepVariant, which was developed after more than two years of research by the Google Brain team, in collaboration with Verily Life Sciences, transforms the task of variant calling, as this reconstruction problem is known in genomics, into an image classification problem well-suited to Google's existing technology and expertise. Within a year of its development, the deep learning model had won the 2016 PrecisionFDA Truth Challenge award for Highest SNP Performance, outperforming state-of-the-art methods. Since then, the Google Brain team has reduced the error rate by over 50%. More...12 Dec 2017
GE Launches Drawbridge Health to Transform Blood Collection
GE Healthcare has introduced Drawbridge Health, a privately held healthcare technology company, which is developing a people-friendly system to integrate draw, collection and stabilize blood samples into a single device. The technology which integrates engineering and proprietary chemistries is also being developed to support room temperature shipping and streamlined downstream processing, thus ensuring reliable, accurate results. More...05 Dec 2017
Laboratory-Developed Tests Market Driven by Cancer Treatment
The global market for laboratory-developed tests (LDTs) is estimated to be worth USD 13.2 billion and will grow by nearly 10% annually, driven mainly by oncology tests which will grow 60% faster than other types of LDTs. These are the latest findings of Kalorama Information, an independent medical market research firm. More...28 Nov 2017
Global Lab Automation Market to Reach USD 5.20 Billion by 2022
The global lab automation market is expected to grow at a CAGR of 5.1% from USD 4.06 billion in 2017 to USD 5.20 billion by 2022, driven by process miniaturization, high demand in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and a large workforce demand and supply gap. Additionally, enhanced productivity and reduced costs, better personnel safety, and small volumes of samples and reagents offered by lab automation are expected to further aid the market growth. However, the high cost of lab automation is limiting its adoption among small and medium-sized labs, which is expected to restrict the market growth. More...28 Nov 2017
AI Chip to Help Capture and Analyze Molecular Data in RT
Molecular data company Nano Global is developing a chip using intellectual property (IP) from Arm Holdings, a semiconductor IP company, to help redefine how global health challenges ranging from superbugs to infectious diseases, and cancer are conquered. The pioneering system-on-chip (SoC) will yield highly-secure molecular data, which can be used in the recognition and analysis of health threats caused by pathogens and other living organisms. More...28 Nov 2017
In Other News
Blood Test Uses AI to Detect Peripheral Artery Disease
Randox to Showcase Future-Proofing Diagnostic Technology at Trade Fair
GNA Biosolutions Reveals New Ultrafast PCR Platform at Medical Trade Show
Diatron to Exhibit Aquila Hematology Analyzer at MEDICA 2017
BBI Solutions to Showcase Technologies for Next-Generation Diagnostics
Global Good and Motic Announce AI-Powered Microscope at MEDICA 2017
Siemens Healthineers Closes Epocal Acquisition
Clinical Chemistry Market to Reach USD 19.7 Billion in 2021
Ortho Clinical Diagnostics and EKF Diagnostics Collaborate for Assay
BioVendor Acquires All Shares of DIAsource ImmunoAssays SA
Siemens Healthineers Enters Agreement with HORIBA Medical
Abbott Closes Acquisition of Alere
Companies with Lab-Developed Tests Raise USD 2 Billion
Top Trends Impacting Global POC Testing Market
Thermo LC-MS Solutions Receive ANVISA Registration in Brazil
Seegene Partners with Hamilton to Develop Random Access System
Global Laboratory Informatics Market to Reach USD 3.16 Billion by 2022
DIAsource ImmunoAssays SA Acquires Viro-Immun Diagnostics
Global Lateral Flow Assay Market to Exceed 8 Billion by 2022
Mexico IVD Market Valued at USD 405 Million for 2016
DiaSorin to Acquire Siemens' ELISA Immunodiagnostics Business
Siemens to Acquire Blood Gas Subsidiary of Alere
Quidel to Acquire Alere Triage Assets
LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.







