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restructuring

OraSure Technologies Restructures Business as Q4 Revenues Nearly Double

The company is combining its Molecular Solutions and Diagnostics business units, a move that is expected to save it about $15 million annually.

Epigenomics Announces Layoffs, Product Line Cancellation in Restructuring

The firm is halting sale of Epi proColon and recalling the product as well as reducing its employee headcount after failing to raise additional capital.

Quantum-Si Laying off 12 Percent of Workforce

The restructuring is intended to decrease costs and streamline the firm, and comes as it begins commercializing its Platinum protein sequencing platform.

Invitae Bets on Oncology Portfolio to Drive Growth as it Streamlines, Integrates Test Services
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In the wake of last year's massive restructuring, Invitae is focused on developing its Personalized Cancer Monitoring product while integrating other oncology offerings.

Rebranded GeneDx Bets Future on Whole-Exome, Whole-Genome Sequencing in Pediatric Rare Disease
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After dropping underdeveloped Sema4 business lines but emphasizing the Centrellis informatics platform, the new GeneDx expects to reach profitability by 2025.

Jan 9, 2023

Sema4 Changes Name to GeneDx, Provides Preliminary 2022 Revenues, 2023 Guidance

Jan 6, 2023

Biocept to Lay Off 35 Percent of Staff, Explore Strategic Alternatives

Nov 14, 2022

Sema4 Exiting Reproductive Health Screening, Cutting 500 More Jobs in Latest Restructuring

Aug 16, 2022

Sema4 Cuts 13 Percent of Workforce, Exits Somatic Tumor Testing as Founder Schadt Departs
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Aug 10, 2022

Oncocyte Realigns Operations, Implements Cost Reduction Programs

Aug 8, 2022

Standard BioTools to Restructure, Discontinue Certain Products as Q2 Revenues Drop 39 Percent

Aug 3, 2022

Talis Biomedical Cutting Workforce by 35 Percent

Jul 26, 2022

Cowen Downgrades Invitae to Market Perform

Jul 18, 2022

Invitae to Lay Off Over 1,000 Workers Amid Restructuring, Leadership Transition

Jan 5, 2021

Myriad Genetics to Sell Vectra DA Business, Reorganize International Presence

Jun 23, 2020

WuXi NextCode Restructures, Rebrands as Genuity Science

Feb 6, 2020

Ancestry Lays off 6 Percent of Employees due to Consumer Slump

Dec 13, 2018

Curetis to Cut 30 Percent of Workforce as Part of Strategic Restructuring

Jun 22, 2018

Roche to Close NimbleGen Site, Lay Off 79 by Mid-2020

Jun 8, 2018

CooperSurgical Exits Genetic Carrier Screening, NIPT Business

May 30, 2018

Avant Diagnostics Restructures, Issues Private Placement

Sep 21, 2017

Bio-Rad Shutters Former GnuBio Facility as Part of Digital Biology R&D Consolidation

Aug 11, 2017

NantHealth Lays Off 300 as It Posts 17 Percent Decline in Q2 Revenues

Jul 27, 2017

Qiagen Q2 Revenues Grow 4 Percent; Firm Nudges Up Full-Year Guidance

Jul 5, 2017

CareDx Restructures Obligations Related to Acquisition of Allenex

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The Scan

Genetic Testing Approach Explores Origins of Blastocyst Aneuploidy

Investigators in AJHG distinguish between aneuploidy events related to meiotic missegregation in haploid cells and those involving post-zygotic mitotic errors and mosaicism.

Study Looks at Parent Uncertainties After Children's Severe Combined Immunodeficiency Diagnoses

A qualitative study in EJHG looks at personal, practical, scientific, and existential uncertainties in parents as their children go through SCID diagnoses, treatment, and post-treatment stages.

Antimicrobial Resistance Study Highlights Key Protein Domains

By screening diverse versions of an outer membrane porin protein in Vibrio cholerae, researchers in PLOS Genetics flagged protein domain regions influencing antimicrobial resistance.

Latent HIV Found in White Blood Cells of Individuals on Long-Term Treatments

Researchers in Nature Microbiology find HIV genetic material in monocyte white blood cells and in macrophages that differentiated from them in individuals on HIV-suppressive treatment.