Siemens revenue falls 7% in third quarter August 3, 2020 -- Siemens Healthineers saw its revenue fall 7% in the company's third fiscal quarter due to the impact of the COVID-19 pandemic. The company saw a single-digit sales decline in its Imaging business and a double-digit drop in its Diagnostics division.
NanoString launches readout technology for NGS August 3, 2020 -- NanoString Technologies released Cancer Transcriptome Atlas, a new product based on the company's GeoMx digital spatial profiler platform that's optimized for readout on Illumina's next-generation sequencing (NGS) technology.
FDA clears EUA change for Applied DNA coronavirus test August 3, 2020 -- Applied DNA Sciences announced that the U.S. Food and Drug Administration (FDA) has granted an emergency use authorization (EUA) amendment for its Linea COVID-19 assay kit, a change that it says could boost throughput in labs.
NIH invests almost $249M in 7 COVID-19 test technologies July 31, 2020 -- The U.S. National Institutes of Health (NIH) is touting the results of its "Shark Tank" approach to spurring development in COVID-19 testing technologies, with $248.7 million invested in a variety of different methods that promise rapid results.