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 | September 1, 2010 - PAML & Providence Health Form New Joint Venture Lab |
Spokane-based Pathology Associates Medical Laboratories (PAML) and Providence Health & Services in California have entered into an agreement to create a new clinical laboratory services company serving the San Fernando Valley and neighboring communities.
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| August 30, 2010 - Aetna Files Lawsuit Against LabCorp |
Health insurer Aetna has filed a lawsuit against Laboratory Corporation of America alleging unfair competition, misrepresentation, interference, breach of contract, and violation of trade secret laws.
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| August 26, 2010 - Agendia Expands Stateside with New California Laboratory |
New Irvine facility to support Agendia's commercial expansion in the U.S. market, address increasing demand for MammaPrint testing.
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| August 24, 2010 - Roche Acquires BioImagene for $100 Million |
Swiss biotech company Roche has signed an agreement under which Ventana Medical Systems Inc., a member of the Roche Group, will acquire 100 percent of BioImagene Inc., a privately held company based in Sunnyvale, Calif. The purchase price is approximately $100 million.
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| August 18, 2010 - HHS To Destroy Lab Competitive Bidding Data |
The Department of Health and Human Services (HHS) has agreed to destroy the bid data that San Diego-area laboratories submitted to the Centers for Medicare and Medicaid Services (CMS) as part of CMS's competitive bidding demonstration project.
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| August 13, 2010 - LabCorp Establishes Global Clinical Trials Collaboration with Clearstone |
Laborp (Burlington, N.C.) has announced a collaboration between Esoterix Clinical Trials Services, a division of LabCorp, and Clearstone Central Laboratories, a global centreal laboratory specializing in drug development and pharmaceutical services.
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| August 9, 2010 - Georgetown Shuts Down Molecular Diagnostic Lab |
Georgetown University Hospital in Washington, D.C., has shut down its molecular diagnostics laboratory amid allegations of inaccurate testing and a pending investigation by the federal government and the College of American Pathologists (CAP).
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| July 28, 2010 - IVD Company Iris International to Acquire AlliedPath |
Global in vitro diagnostics company to pay $5 million for CLIA-certified laboratory to speed development and commercialization of novel molecular diagnostics.
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| July 27, 2010 - DTC Test Results Are Misleading, Says GAO |
Results of direct-to-consumer (DTC) genetic tests are "misleading and of little or no practical use" to consumers, concludes a new report by the Government Accountability Office (GAO). The report was released July 22 during a congressional hearing on DTC testing.
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| July 22, 2010 - Quest and LabCorp Report Second Quarter Results |
Quest Diagnostics (Madison, N.J.) and Laboratory Corporation of America (Burlington, N.C.) reported second-quarter earnings this week. Quest reduced its revenue guidance for the year while LabCorp raised its 2010 revenue guidance.
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| July 21, 2010 - FDA Convenes Public Meeting on Oversight of Lab-Developed Tests |
Hundreds of stakeholders gather for discussion as FDA moves to exercise its authority over LDTs.
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| July 14, 2010 - LabCorp to Acquire DCL Medical Laboratories |
Thompon Street Capital Partners (St. Louis, Mo.) has announced the sale of DCL Medical Laboratories to Laboratory Corporation of America (Burlington, N.C.).
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| July 13, 2010 - CMS Invites Pricing Recommendations for New 2011 Lab Codes |
The Centers for Medicare and Medicaid Services (CMS) will hold a public meeting July 22 to obtain recommendations on how it should price new CPT lab codes to be added to the 2011 Medicare Part B lab fee schedule.
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| July 7, 2010 - Meridian Bioscience Inks Deal with DiaSorin |
DiaSorin will use Meridian technology to develop novel infectious disease diagnostics for use on its automated testing platform.
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| July 6, 2010 - FTC to Review LabCorp Acquisition of Westcliff Labs |
The Federal Trade Commission (FTC) has begun a review of Laboratory Corporation of America's recent acquisition of Westcliff Laboratories (Santa Ana, Calif.).
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