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Investegate, Integrated Diagnostics profit jumps in Q1 on strong demand for Covid-19 tests by BFN News From InvestEgate
2 June 2021 | 09:35am StockMarketWire.com - Healthcare company Integrated Diagnostics reported a rise in first-quarter profit amid strong demand for its Covid-19 test offering. For the first three months of 2021, net profit was EGP 339 million, up 230% year-on-year in 1Q 2021, and revenue rose 126% to EGP 1,130 million. 'The record-breaking performance in the first quarter of 2021 was primarily supported by IDH's Covid-19-related test offering and was both volume- and price-driven, as total tests performed expanded 32% year-on-year and average revenue per test increased 71% versus 1Q 2020,'...
Impact of proposed law would increase regulatory oversight of certain diagnostic tests Legislation currently under consideration in the U.S. Congress would increase regulatory oversight of certain diagnostic tests, and a new study by researchers at Massachusetts General Hospital (MGH) and colleagues from several other institutions demonstrates that its potential impact will depend on key details in the bill's final language. This study, published in JCO Oncology Practice, offers the first evidence-based analysis of how new rules proposed for the regulation of laboratory-developed tests (LDTs...
Press release content from PR Newswire. The AP news staff was not involved in its creation. Nation’s Top Orthopedic Hospital Launches the First FDA Approved Digital Pathology Platform February 9, 2021 GMT HSS Logo (PRNewsfoto/Hospital for Special Surgery) NEW YORK, Feb. 9, 2021 /PRNewswire/ -- Hospital for Special Surgery (HSS), the world’s leading academic medical center specializing in orthopedics, rheumatology, and related disciplines, has become the first facility in the country to launch a cutting-edge technology for the digitization of pathology slides allowing pathologists to use d...