Logo

Chembio Diagnostics

As Pandemic Wanes, Firms That Rode COVID-19 Testing Wave Struggle for Solid Footing
Premium

Lucira Health won't be the last COVID-19-focused firm to face bankruptcy, layoffs, or stock price declines, as "COVID cash" dries up, experts said.

In Brief This Week: Sophia Genetics, Sense Biodetection, Yourgene, Biodesix, DermTech, Chembio, More

News items for the week of Oct. 31, 2022.

As Abbott Stock Rises on EUA for Antigen Test, Competitors' Shares Take a Hit

While the market ditched shares of many other diagnostics firms, analysts said the reaction was overblown, particularly in the case of Quidel and molecular diagnostics players.

GenMark Diagnostics, Chembio Diagnostics Price Stock Offerings

GenMark said it intends to use the proceeds for general corporate purposes that may include an expansion of its menu and increasing its manufacturing capacity.

FIND Awards Grants for Development of HCV Dx Tests

Several companies will receive grants to develop hepatitis C molecular point-of-care and core antigen diagnostic assays.

Breaking News
The Scan

Machine Learning Helps ID Molecular Mechanisms of Pancreatic Islet Beta Cell Subtypes in Type 2 Diabetes

The approach helps overcome limitations of previous studies that had investigated the molecular mechanisms of pancreatic islet beta cells, the authors write in their Nature Genetics paper.

Culture-Based Methods, Shotgun Sequencing Reveal Transmission of Bifidobacterium Strains From Mothers to Infants

In a Nature Communications study, culture-based approaches along with shotgun sequencing give a better picture of the microbial strains transmitted from mothers to infants.

Microbial Communities Can Help Trees Adapt to Changing Climates

Tree seedlings that were inoculated with microbes from dry, warm, or cold sites could better survive drought, heat, and cold stress, according to a study in Science.

A Combination of Genetics and Environment Causes Cleft Lip

In a study published in Nature Communications, researchers investigate what combination of genetic and environmental factors come into play to cause cleft lip/palate.