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4 Medical Diagnostic Stocks To Watch Next Week | FinancialContent Business Page


Are These The Best Medical Diagnostic Stocks To Buy Right Now?
Medical diagnostic stocks are a branch of health care stocks in the stock market. As the name suggests, these are companies that specialize in diagnostic testing and equipment. The importance of a good diagnosis should not be understated. Accurate and efficient diagnostic procedures are essential for doctors to create a proper treatment plan that would fully benefit the patient. A fatal disease can be detected early with proper diagnostic testing and this could potentially save millions of lives.  
We can see companies such as Abbott Laboratories (NYSE: ABT) and Quidel Corporation (NASDAQ: QDEL) playing an important role in combating the global pandemic. For instance, Quidel which specializes in rapid diagnostic testing solutions would run COVID-19 testing programs to support the reopening of schools. It would even be responsible for staffing test locations, coordinating sample collection, running the tes ....

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Hologic Locks Down 4th M&A Target This Year


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The Waltham, MA-based company is set to acquire Mobidiag Oy, a molecular diagnostics firm, for about $795 million.
It doesn’t look like Hologic will be slowing down with M&A this year. The Waltham, MA-based company has announced its fourth deal – the proposed acquisition of Mobidiag Oy, a molecular diagnostics firm, for about $795 million.
The acquisition is expected to close early in 4Q21.
Mobidiag develops PCR (polymerase chain reaction)-based tests for acute care conditions such as gastrointestinal and respiratory infections, antimicrobial resistance management, and healthcare-associated infections. The Amplidiag and Novodiag platforms are automated instruments that deliver rapid turnaround times ranging from 50 minutes to two hours. ....

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