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FDA Announces Informatics Community to Support Precision Medicine Initiative
By Kelly A. Briganti, Editorial Director, G2 Intelligence The U.S. Food and Drug Administration (FDA) has announced the development of precisionFDA, "an informatics community and supporting platform" to assist efforts to maximize the potential of genetic...
LabCorp Surpasses Quest as Largest Laboratory Company
By Ron Shinkman, Editor, Laboratory Industry Report With its second quarter earnings report, LabCorp has officially eclipsed Quest Diagnostics as the nation's largest laboratory company. LabCorp reported net income for the second quarter ending June 30 of $168.4...
AMP Offers Senate Committee Proposal for Regulation of Laboratory-Developed Tests
By Stephanie Murg, Managing Director, G2 Intelligence With the Food and Drug Administration poised to reverse its "enforcement discretion" and begin regulating laboratory-developed tests (LDTs) in the near future, industry groups are on the offensive. On August 4,...
Illumina Selects Second Round of Genomics Companies for Accelerator
By Lori Solomon, Editor, Diagnostic Testing & Emerging Technologies Illumina (San Diego) selected the next round of startup companies for its genomics accelerator. This is the second, six-month cycle for the Illumina Accelerator, which seeks to aid entrepreneurs...