Top Industry Leaders in the Biomarker Market
- Aug 2023: The annual sales and profit predictions for Edwards Lifesciences Corp were marginally increased, but slower-than-expected growth in revenue in the manufacturer of artificial heart valves caused its shares to decline 6% after the bell. However, heart surgeries have not returned as quickly as other procedures, affecting medical equipment producers counting on a robust rebound. Staffing shortages at American hospitals have improved, which has increased non-urgent treatments delayed by the epidemic. This is partially because some surgeries take longer to completeโfour to six months from the initial diagnosis. The business stated that lower-than-expected growth in the market and competition trialing in the initial half of this year were still putting pressure on sales in Japan.
- June 2023: Illumina Ventures, a renowned venture capital firm focused on genomics and precision medicine, announced intentions to establish Illuminaยฎ Ventures Labs. Illumina Ventures Labs will run and provide access to fully functional genomics labs in the US plus the UK, mentorship, and seed finance to attract a wide range of genomics-related start-ups, building based on the Illumina Accelerator program. Instead of running its Accelerator program, Illumina, Inc. will give the start-ups technical advice from its subject matter experts and give Illumina Ventures Labs access to the company's next-generation sequencing (NGS) platforms. They are extending their partnership with Illumina as part of Illumina Ventures' ongoing effort to pursue earlier stages of investing. The program will expedite early-stage companies' timetables to their subsequent value inflection point and boost them while giving our fund more investment options.
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Opko Health (US)
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Quest Diagnostics Incorporated (US)
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Eurofins Scientific (Luxembourg)
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Sema4 (US)
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Fulgenmt Genetics Inc. (US)
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Invitae Corporation (US)
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Laboratory Corporation of America Holdings (US)
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Illumina Inc. (US)