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Image: The Binding Site has entered into an agreement to combine with Thermo Fisher Scientific (Photo courtesy of The Binding Site Group)

UK's Binding Site to Be Acquired by Thermo Fisher for USD 2.6 Billion

Thermo Fisher Scientific Inc. (Waltham, MA; USA) has entered into a definitive agreement to acquire The Binding Site Group (Birmingham, UK) in an all-cash transaction valued at USD 2.6 billion. More...
01 Nov 2022
Image: Nova Primary has received US FDA clearance as a blood glucose reference analyzer (Photo courtesy of Nova Biomedical)

Nova Primary Blood Glucose Reference Analyzer Receives US FDA Clearance

Nova Biomedical (Waltham, MA, USA) has received clearance from the U.S. Food and Drug Administration (FDA) for its Nova Primary as a blood glucose reference analyzer. More...
31 Oct 2022
Image: AACC and Life Dx are bringing the latest developments in laboratory medicine to the Middle East region (Photo courtesy of AACC)

AACC Middle East to Showcase Latest in Laboratory Medicine and Diagnostic Innovations

AACC Middle East, a two-day conference held by the American Association for Clinical Chemistry (Washington, DC, USA) in partnership with Life Dx (Abu Dhabi, UAE) will bring the latest in laboratory medicine to the Middle East region and showcase diagnostic innovations. More...
25 Oct 2022
Image: The global lateral flow assay market is estimated to register a CAGR of 5.23% from 2021 to 2029 (Photo courtesy of Pexels)

Global Lateral Flow Assay Market Driven by Rising Incidence of Infectious Diseases

The global lateral flow assay market was valued at an estimated USD 7.91 billion in 2021 and is expected to witness a CAGR of 5.23% during the forecast period 2021 to 2029, driven primarily by the increasing incidence of infectious diseases. More...
19 Oct 2022
Image: The global multiplex detection immunoassays market is expected to hit around USD 3.7 billion by 2030 (Photo courtesy of Pexels)

Global Multiplex Detection Immunoassays Market Driven by Demand for Clinical Diagnostic Applications

The global multiplex detection immunoassays market was valued at USD 1.8 billion in 2020 and is projected to register a CAGR of 9.7% during the forecast period 2022 to 2030 to hit around USD 3.7 billion by 2030, driven mainly by the increasing demand for multiplex detection immunoassays for clinical diagnosis. More...
18 Oct 2022
Image: The global sepsis diagnostics market is expected to surpass USD 1.10 billion by 2027 (Photo courtesy of Pexels)

Global Sepsis Diagnostics Market Driven by Increasing Prevalence of Bacterial Infections

The global sepsis diagnostics market, which was valued at USD 0.65 billion in 2021, is projected to grow at a significant CAGR of 9.60% from 2022 to 2027, to reach USD 1.11 billion, driven by the prevalence of the COVID-19 pandemic, increase in geriatric population, rise in prevalence of bacterial infections such as tuberculosis, and increased regulatory approvals for technologically advanced sepsis diagnostics products. . More...
17 Oct 2022
Image: Advances in machine learning and data analytics are transforming the field of laboratory medicine (Photo courtesy of AACC)

AACC Competition Demonstrates How Labs Can Use Data Analytics to Solve Real Problems

A machine-learning challenge introduced for the first time by the American Association for Clinical Chemistry (Washington, DC, USA) at the 2022 AACC Annual Scientific Meeting & Clinical Lab Expo demonstrated how laboratories can use data analytics to solve these real problems facing patients and clinicians. More...
17 Oct 2022
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LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.