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Industry

Image: The Lucira COVID-19 Test provides 98% accurate, lab-quality results in 30 minutes or less (Photo courtesy of Lucira)

Pfizer Acquires COVID-Flu Test Developer Lucira Health for USD 36.4 Million

Pfizer acquired Lucira Health for USD 36.4 million in a bankruptcy auction. Lucira stated that a lengthy EUA process for its COVID-19 and influenza test had proved expensive, leading to the bankruptcy filing and sale process. More...
02 May 2023
The global POC molecular diagnostics market is anticipated to expand at a CAGR of 8.5% during 2023-2031 (Photo courtesy of Freepik)

Global POC Molecular Diagnostic Market Driven By Growing Demand for Near-Patient Testing

The increasing prevalence of infectious diseases and cancer, as well as the advantages and benefits of POC molecular diagnostics, are driving demand. Consequently, the global POC molecular diagnostics market is expected to grow at a CAGR of 8.5% between 2023 and 2031. More...
25 Apr 2023
Image: The new Panall 8000 all-in-one molecular diagnosis system is being showcased at analytica Vietnam 2023 (Photo courtesy of Tianlong)

Tianlong Exhibits Brand-New All-in-One Molecular Diagnosis System at analytica Vietnam 2023

Tianlong Science and Technology, an innovative high-tech company specializing in molecular diagnostic products, is attending analytica Vietnam 2023, marking the first time Tianlong is exhibiting in Vietnam. More...
19 Apr 2023
Image: The global urinalysis test market is expected to surpass USD 6 billion by 2031 (Photo courtesy of Freepik)

Global Urinalysis Test Market Driven by Increasing Prevalence of Chronic Kidney Disease and Diabetes

The global urinalysis test market, valued at USD 3.19 billion in 2021, is projected to experience a CAGR of 6.7% from 2022 to 2031, reaching USD 6.12 billion by 2031, driven by the rising prevalence of chronic diseases. More...
14 Apr 2023
Image: The global antimicrobial resistance diagnostics market size is expected to reach USD 5.7 billion by 2028 (Photo courtesy of Pexels)

Global Antimicrobial Resistance Diagnostics Market Driven by Increasing Hospital-Acquired Infections

The global market for antimicrobial resistance diagnostics is expected to reach USD 5.7 billion by 2028, registering a CAGR of 6.1% during the forecast period 2022-2028. The market growth will be driven by the availability of better diagnostic tests and kits, as well as the increasing incidence of hospital-acquired infections. More...
31 Mar 2023
Image: North America is the leading region in the global cTn diagnostics market (Photo courtesy of Pexels)

Cardiac Troponin Diagnostics Market Driven by Demand for High Sensitivity POC Testing

The global market for cardiac troponin (cTn) diagnostics is expected to achieve a compound annual growth rate (CAGR) of 2.4%, reaching USD 2.28 billion by 2025 from USD 2.07 billion in 2021, driven by a rise in the number of patients with cardiac complaints visiting emergency departments and the increasing adoption of high-sensitivity POCT cTn assays by hospitals and clinical laboratories, which can detect troponin in lower concentrations and shorten the timeline for MI detection. More...
27 Mar 2023
Image: Roche and Lilly will collaborate on the development of Roche Diagnostics’ Elecsys Amyloid Plasma Panel (Photo courtesy of Roche)

Roche and Eli Lilly Collaborate on Innovative Blood Test for Early Diagnosis of Alzheimer's

Roche has entered into a collaboration with Eli Lilly to support the development of Roche’s Elecsys Amyloid Plasma Panel (EAPP) - an innovative blood test that aims to facilitate the earlier diagnosis of Alzheimer’s disease. More...
23 Mar 2023
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LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.