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Hologic Locks Down 4th M&A Target This Year


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The Waltham, MA-based company is set to acquire Mobidiag Oy, a molecular diagnostics firm, for about $795 million.
It doesn’t look like Hologic will be slowing down with M&A this year. The Waltham, MA-based company has announced its fourth deal – the proposed acquisition of Mobidiag Oy, a molecular diagnostics firm, for about $795 million.
The acquisition is expected to close early in 4Q21.
Mobidiag develops PCR (polymerase chain reaction)-based tests for acute care conditions such as gastrointestinal and respiratory infections, antimicrobial resistance management, and healthcare-associated infections. The Amplidiag and Novodiag platforms are automated instruments that deliver rapid turnaround times ranging from 50 minutes to two hours. ....

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The Next Wave for Virus Testing Stocks (HOLX, ALST, FLGT)


Wall Street PR
While vaccines are rolling out rapidly around the developed world, and uptake is expected to produce some version of herd immunity within the next six months, scientists are acclimating to the idea that we may be locked in a long-term battle with Covid-19 that could last years or even decades.
While the pandemic health crisis may recede from the front page during most of that battle, organizations, cities, states, countries, and major institutions will have to maintain a constant vigil and act with well-honed protocols to maintain our advantage in the fight.
One of the most important tools in this war will be rapid results testing resources, which is set to become a major industry with a very bright future. ....

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Rapid COVID testing available at Gympie Hospital


Queensland currently has 30 active cases of coronavirus, with three new cases diagnosed in the past 24 hours. The Sunshine Coast Hospital and Health District, which Gympie is part of, has four active cases.
The SCHHD is one of multiple Queensland Health Districts to acquire the rapid COVID testing machines known as Panthers .
The $275,000 Hologic Panther Fusion machine can diagnose COVID-19, influenza and other respiratory conditions in about three hours.
The Gympie Hospital has applauded the 4000 Gympie region residents who have been tested for COVID-19. Picture: Brendan Radke
Health Minister Steven Miles said at the time the Panthers were just like their namesake - fast and intelligent. ....

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New lab equipment at Interior Health speeds up COVID-19 test processing | iNFOnews


Image Credit: SUBMITTED/Interior Health
January 08, 2021 - 10:13 AM
Hospital laboratories in Kamloops and Kelowna are operating with new equipment that has nearly doubled their ability to process COVID-19 testing samples.
New pieces of equipment led to a massive increase in the number of COVID-19 tests that are able to be processed at Kelowna General Hospital and Royal Inland Hospital in Kamloops, according to an Interior Health press release issued yesterday, Jan. 7.
The new Panther fusion instruments, laboratory machines that have increased the capacity for each hospital to perform testing on COVID-19 samples, have increased the health authority s ability to process samples from about 900 in a day to more than 1,600, according to Interior Health. ....

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