The investment bank said that the company's recent organic growth is sustainable and noted consumer momentum and traction with advanced tests.

A special shareholder meeting is scheduled for next week to vote on the agreement to be acquired by Blackstone and TPG.

The test can be used to detect HDV infection, a particularly dangerous coinfection that can occur with hepatitis B virus.

Medicare lab spending totaled $8.4 billion in 2024, up 5 percent year over year, with $3.6 billion of that spent on genetic testing, an increase of 20 percent over 2023.

While labs overwhelmingly welcomed the ruling, it could make it more difficult for firms that want FDA's imprimatur for LDTs ...

Last week, readers were most interested in a story about a report a possible sale of Qiagen, which sent its stock soaring.

The test detects Borrelia bacteria directly from skin interstitial fluid samples from people with signs of tick bites or erythema migrans.

The firm attributed the increase in part to life sciences and diagnostics revenue that was better than expected.

The approach uses an iteration of the SHERLOCK technology exclusively licensed to OraSure Technologies' subsidiary, Sherlock Biosciences.

The company is the first commercial lab in the US to agree to implement the system, which it will begin using in the first quarter of the year.

Meridian Bioscience subsidiary Magellan Diagnostics was previously ordered to pay $42 million for selling the tests.