Tag:

genetic tests

Latest Headlines

Latest Headlines

U.S. Supreme Court KOs Prometheus Labs' test patent suit

The U.S. Supreme Court tossed out Prometheus Laboratories' patent claim over a blood test, giving The Mayo Clinic and independent research groups a major victory.

Roche's $5.7B Illumina bid risks standing alone

In the wake of Roche's ( $RHHBY ) $5.7 billion hostile takeover bid for gene sequencing company Illumina ( $ILMN ), the jury is still out as to what it means for the industry at large. On the one hand,

GAO: Consumer genetic tests inconsistent, useless

The Government Accountability Office (GAO) recruited five volunteers to send genetic samples to four unnamed consumer genetic testing companies to determine their risk of developing prostate cancer

FDA: Genetic tests are medical devices

The FDA will regulate certain types of diagnostic tests the same way the agency monitors medical devices. Genetic testing companies deCODE Genetics, Illumina, Knome, Navigenics, and 23andMe all