Veracyte completes Decipher acquisition for $600M

LabPulse.com staff writers
Mar 14, 2021
2020 01 16 22 39 3973 Dna Sequencing Genome 400

Veracyte has completed a $600 million cash deal to acquire Decipher Biosciences, expanding its position in the genomics-driven cancer diagnostics sector. Decipher Biosciences is now a subsidiary of Veracyte.

Tina Nova, PhD, who is the previous president and chief executive officer at Decipher, has been appointed general manager of urologic cancers at Veracyte. She will continue to oversee the company's San Diego operations, including a CLIA-certified and College of American Pathologists (CAP)-accredited laboratory.

Latest in Accreditation
Lab Scientist Biosafety Social
Castle Biosciences Pittsburgh lab receives N.Y. state permit
September 13, 2023
Women Laboratory Social
Castle Biosciences Pittsburgh laboratory receives CAP accreditation
November 21, 2022
Visit our Molecular Diagnostics Community
Sponsored
Visit our Molecular Diagnostics Community
April 5, 2024
2019 09 16 18 27 8672 Quality Check Mark 400
NDRI biorepository receives CAP accreditation
March 6, 2022
Related Stories
Business Financial Results Social
Financial Results
Genetic testing firms Sophia, Fulgent, Veracyte report Q1 financial results
2022 01 25 22 49 5402 Lung 3 D 400
Sequencing
Veracyte touts results of Percepta genomic sequencing study
2020 10 14 15 59 9456 Business Woman Handshake 400
CLIA
Nova named president of Veracyte's CLIA U.S. business
Visit our Molecular Diagnostics Community
Sponsor Content
Visit our Molecular Diagnostics Community
More in Accreditation
Castle Biosciences Pittsburgh lab receives N.Y. state permit
By LabPulse.com staff writers
Castle Biosciences has received a clinical laboratory permit from the New York State Department of Health for its Pittsburgh laboratory.
September 13, 2023
Lab Scientist Biosafety Social
Castle Biosciences Pittsburgh laboratory receives CAP accreditation
By LabPulse.com staff writers
All of Castle Biosciences' laboratories are now accredited by the College of American Pathologists.
November 21, 2022
Women Laboratory Social
CorePath and Cizzle partner to develop lung cancer test
By LabPulse.com staff writers
The companies said they will first focus on offering the proprietary test in the U.S., where lung cancer accounts for 25% of all cancer deaths.
May 25, 2022
2019 09 09 20 46 2283 Lung Cancer 400
NDRI biorepository receives CAP accreditation
By LabPulse.com staff writers
The accreditation came after a recent onsite inspection as part of CAP’s accreditation programs. With this, the NDRI joins the more than 8,000 CAP-accredited biorepository facilities worldwide. The interchange was first accredited by the CAP in 2016.
March 6, 2022
2019 09 16 18 27 8672 Quality Check Mark 400
FDA postpones inspections due to COVID-19
By LabPulse.com staff writers
Through January 19, the agency intends to continue mission-critical international and domestic inspections, but it has temporarily postponed certain inspectional activities with the hopes of restarting these activities as soon as possible. State inspections under FDA contracts have the discretion to make inspection decisions based on their local information, the agency said.
January 5, 2022
2019 02 13 19 24 5396 Fda Logo V2 400
NFT featuring Theranos stock certificate being auctioned off
By LabPulse.com staff writers
Titled "The Rise & Fall of Theranos NFT" or "The RFT - NFT," the NFT comprises a series A stock certificate for 500,000 shares of Theranos stock. The certificate was issued to entrepreneur Marc Ostrofsky, who was one of the first investors in Theranos and who worked with Jupiter Group on creating the NFT.
December 16, 2021
2021 12 17 21 17 5037 Cryptocurrency Bitcoin 400
Quest offers Biocept's liquid biopsy test
By LabPulse.com staff writers
Biocept's Target Selector NGS Lung Panel helps with the genomic profiling of patients with advanced non-small cell lung cancer. The test helps physicians identify a potential treatment target and monitor the effectiveness of patients' treatments, according to Quest.
December 1, 2021
2019 05 13 16 12 9218 Lab Blood Woman2 400
CMS to cut COVID-19 payments to slower labs
By Rebekah Moan
Under the new policy, labs that take longer than two days to complete COVID-19 tests will be paid $75 -- a 25% pay cut.
October 15, 2020
2020 10 16 22 39 6807 Dollar Money Coronavirus Mask 400
Pathologist workforce data miss the mark, need revision
By Emily Hayes
The study was sponsored by the College of American Pathologists (CAP) and followed up on an article with workforce data published in JAMA Netw Open in May 2019. Alarmingly, that study concluded that the number of active pathologists dropped from 15,568 to 12,839 between 2007 and 2017, a trend that suggested great risk for a shortage of specialists in the field in the future. These data were based on information published by the American Association of Medical Colleges (AAMC), which in turn drew from the American Medical Association (AMA) Physician Masterfile.
July 16, 2020
2020 07 15 23 09 7300 Doctor Microscope 400
Digital pathology firm Proscia receives certification for meeting global standards
By LabPulse.com staff writers
The certification indicates compliance with ISO 13485 and the standards of the U.S., Australia, Brazil, Canada, and Japan. Auditing of device manufacturers for the certification includes a review of design, development, production, deployment, and sales, the company noted in a press statement.
July 13, 2020
2020 05 18 21 07 6468 Quality Assurance Text 400
FDA readies to resume onsite inspections
By LabPulse.com staff writers
Onsite investigators will wear personal protective equipment and follow local, state, and federal guidelines, the FDA noted. The agency also said it will forewarn facilities not related to retail tobacco about upcoming inspections to ensure appropriate staff members are onsite.
July 12, 2020
2019 02 13 19 24 5396 Fda Logo V2 400
CAP publishes new checklists for lab accreditation
By LabPulse.com staff writers
The checklists, which have approximately 3,000 requirements, are used during CAP inspections to ensure that laboratories comply with U.S. Centers for Medicare and Medicaid Services regulations and achieve accreditation.
June 3, 2020
2019 07 29 21 36 3339 Survey Checklist 400
Page 1 of 2
Next Page