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Follow on Google News | Molecular Tests in a Point-of-Care Platform Raise $650M in Investments: KaloramaIn the past five years (2009-2013), molecular diagnostic near patient or POC companies have raised over $650 million in investments, financings, and (to some extent) public offerings.
“You have the possibility know of tests that meet the needs of true near-patient testing,” said Bruce Carlson, Publisher of Kalorama Information. “Advances in molecular diagnostics, microfluidics and other technologies, are making it possible.” In the past five years (2009-2013), molecular diagnostic near patient or POC companies have raised over $650 million in investments, financings, and (to some extent) public offerings. This total does not include grants and other sources of support that are available, especially from the programs that are trying to promote development of tests for use in resource-limited countries. The reason, according to Kalorama is technological change. Platforms for molecular DX-POC testing need to be small, portable, potentially hand-held, easy-to-use, and inexpensive. They need to be fully automated from sample to answer, so that they can be used by individuals who are not highly trained in molecular diagnostics or in laboratory testing in general. “This total does not include monies spent by established diagnostic companies that are making acquisitions to move into this field,” said Carlson. “For example, bioMérieux recently acquired BioFire.” Kalorama suggests the acquisition of BioFire by the established IVD player (http://www.biomerieux.com/ The report, The Market and Potential for Molecular Point of Care Diagnostics, discuses important platforms and the status of products, reviews deals made in the market and profiles companies in this market. It also provides insight into the potential market for these products. Information for this report can be foundat: http://www.kaloramainformation.com/ About Kalorama Information Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter (http://www.twitter.com/ End
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