Lunaphore and Indica Labs announced on Thursday a partnership to provide a complete workflow for spatial biology and tissue image analysis. Under the agreement, the two companies will comarket a system that combines Lausanne, Switzerland-based Lunaphore's Comet spatial biology platform and Albuquerque, New Mexico-based Indica's Halo and Halo AI digital pathology image analysis software. [...]
SomaLogic reported Thursday after the close of the market that its first quarter 2022 revenues grew 22 percent year over year, driven by assay services. For the three months ended March 31, the Boulder, Colorado-based company posted revenues of $23.0 million, up from $18.9 million in the year-ago period, missing the consensus Wall Street [...]
Olink reported before the opening of the market Thursday that its Q1 revenues rose 67 percent. For the three months ended March 31, the Uppsala, Sweden-based firm posted revenues of $22.7 million, up from $13.6 million in the year-ago period and above the consensus Wall Street estimate of $20.3 million. Service revenue was $16.6 [...]
As Coriell Life Sciences (CLS) leads the way in unlocking the power of pharmacogenomics (PGx) to improve lives and eliminate healthcare waste, the organization’s Corigen® Medication Safety Program has been named “Best Overall Genomics Solution” in the 2022 MedTech Breakthrough Awards. This year’s program attracted more than 3,900 nominations from over 15 different countries. [...]
Singular Genomics Systems reported a $22.0 million net loss for the first quarter 2022 after the close of the market on Tuesday. For the three months ended March 31, the San Diego-based sequencing technology firm, which raised $237.1 million in an initial public offering a year ago, reported no revenues as it prepares to [...]
Siemens Healthineers' molecular diagnostics business is seeking a partner to help it develop a next-generation testing platform that it plans to launch in Europe within three years to compete with high-volume testing systems currently in the market. As the company continues to develop, launch, and sell assays running on its existing Versant kPCR molecular [...]
Spatial proteomics firm Ionpath said on Wednesday that it has received a strategic investment of undisclosed size from Thermo Fisher Scientific. Ionpath has been developing multiplexed ion beam imaging (MIBI) technology for quantitative protein imaging with high sensitivity and subcellular resolution down to 350 nanometers. It uses metal-conjugated antibodies to tag proteins of interest [...]
Roche on Monday said its diagnostics sales during the first quarter grew 22 percent year over year. Roche as a whole, including both its pharmaceutical and diagnostics divisions, had CHF 16.45 billion ($17.16 billion) in sales in the quarter, up 10 percent from CHF 14.93 billion in Q1 of 2021. At constant exchange rates, [...]
The US Food and Drug Administration is preparing to open the next PrecisionFDA challenge, one looking at indel calling from oncopanel sequencing data. The PrecisionFDA program is working with the FDA's National Center for Toxicological Research (NCTR) to challenge the bioinformatics community to develop, validate, benchmark, and optimize indel calling pipelines from data produced [...]
NeoGenomics said on Monday that it will work with Eli Lilly on a program designed to provide no-cost genomic testing to patients with metastatic non-small cell lung cancer (NSCLC). Through the partnership, NSCLC patients eligible for the Lilly Lung Cancer Sponsored Testing Program will be tested using NeoGenomics' NeoType DNA and RNA Assay, a [...]
