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U.S. House passes bill to mitigate cuts to lab services, Medicare
December 8, 2021 -- Large cuts in clinical laboratory services would be delayed as part of a U.S. House of Representatives bill that passed on December 7. The legislation would postpone for one year the significant cuts in Medicare reimbursement set to take effect on January 1, 2022. Read More

Roche introduces 3 breast cancer pathology AI algorithms
December 8, 2021 -- Roche has launched three artificial intelligence (AI)-based image analysis research-use-only automated digital pathology algorithms developed for breast cancer. Read More

PerkinElmer launches kit to detect SARS-CoV-2 variants
December 8, 2021 -- PerkinElmer has launched a research-use-only SARS-CoV-2 test kit to accelerate the detection of variants, including omicron. Read More

NIH announces accelerator diagnostics challenge
December 7, 2021 -- The National Institutes of Health (NIH) has announced its NIH Technology Accelerator Challenge for Maternal Health, a competition that seeks to reward the development of new maternal health diagnostics. Read More

Freenome adds $300M in new financing
December 7, 2021 -- Biotechnology company Freenome has secured $300 million in a series D financing round. Read More

FDA names COVID test impacted by omicron
December 6, 2021 -- The U.S. Food and Drug Administration (FDA) has identified the DTPM COVID-19 reverse transcription polymerase chain reaction (RT-PCR) Test by Tide Laboratories as a test with "reduced ability to detect the SARS-CoV-2 omicron variant," in a statement released on December 6 by the agency. Read More

Paige AI software gets U.K. medtech innovation evaluation
December 6, 2021 -- The U.K.'s National Institute for Health and Care Excellence (NICE) has published a Medtech Innovation Briefing (MIB) on Paige's Paige Prostate artificial intelligence (AI) software. Read More

Castle Biosciences completes Cernostics acquistion
December 6, 2021 -- Castle Biosciences has completed its purchase of Cernostics for $30 million. The company will pay up to $50 million more if Cernostics fulfills particular milestones in 2022. Read More

Labcorp completes acquisition of Toxikon
December 3, 2021 -- Labcorp has completed its acquisition of Toxikon, a contract research organization that provides nonclinical testing services. Toxikon will be added to Labcorp's drug development business. Read More

Eurofins launches assay to detect omicron variant of COVID
December 3, 2021 -- Eurofins Technologies has launched a multiplex reverse transcription polymerase chain reaction assay that can detect the omicron variant of COVID-19. Read More

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