China's healthcare sector is making steady progress in opening up to foreign investment and expertise, with more than 150 joint-venture and wholly overseas-invested medical institutions now operating nationwide, a senior health official announced Monday.

The 2024 annual reports of major Chinese IVD companies released.

Abbott recently said that its Diagnostics business grew sales 43 percent year over year. For the three months ended Sept. 30, 2018 the Abbott Park, Illinois-based firm reported overall revenues of $7.66 billion, up 12 percent on a reported

Thermo Fisher Scientific said recently that its third quarter revenues grew 16 percent, driven by growth across its four business segments. We continued our strong growth momentum and delivered another excellent quarter in Q3, said Presiden

Recently, CEC and WuXi AppTec announced the establishment of a joint venture company, Zhongdian Yaoming, to jointly cultivate the health care big data industry.The two companies will provide health care data solutions for pharmaceutical comp

Qiagen announced today that the US Food and Drug Administration has approved the expanded use of the companys Therascreen EGFR RGQ PCR Kit to allow its use as a companion diagnostic for Pfizers Vizimpro (dacomitinib) for first-line treatment

Horizon Discovery Group reported on Monday that its total revenues as reported for the first half of 2018 more than doubled thanks to a significant contribution from its Dharmacon business and an increased reach into the US market. For the s

NEW YORK (GenomeWeb) Cepheid announced today it has received CE-IVD marking on a fingerstick test that can be used to quantify viral loads of hepatitis C virus. The test is now available in the EU and countries recognizing the CE mark. The t

Becton Dickinson disclosed this week it has entered into a $750 million, 364-day term loan agreement. Wells Fargo is the administrative agent of the agreement for the senior unsecured term loan facility, which was disclosed in a document fil

LGC announced today that it has acquired Berry and Associates in order to strengthen its nucleic acid chemistry portfolio. Financial terms of the deal were not disclosed. Dexter, Michigan-based Berry sells oligo reagents to customers in the

Biocartis announced on Sunday it has partnered with Guangzhou, China-based Wondfo Biotech to form a joint venture to commercialize the Idylla platform in China. Under the terms of the deal, which focuses on oncology, the two companies will s

NEW YORK (GenomeWeb) Direct-to-consumer genomics company WeGene of China plans to expand to markets in Southeast Asia while growing its population genomics research business at home. The company, which is headquartered in Shenzhen, offers ge