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Devices & Diagnostics

Meridian Bioscience signs molecular diagnostics deal with major GPO

Meridian Bioscience (NASDAQ:VIVO) has reached a deal to offer discounted prices for two molecular diagnostics tests to members of one of the nation’s largest healthcare group purchasing organizations. Cincinnati-area Meridian hopes the deal with Premier, a hospital-owned quality improvement alliance that boasts more than 2,500 hospital members, adds a spark to sales of two molecular […]

Devices & Diagnostics

Meridian Bioscience gets Australian OK for molecular group B strep test

Diagnostic test maker Meridian Bioscience (NASDAQ:VIVO) has received Australian regulatory clearance of a molecular test for group B streptococcus. The test is part of Cincinnati-area Meridian’s illumigene line of molecular diagnostic tests. The illumigene product line is key to Meridian’s future as more customers look to molecular diagnostics, a means of analyzing the makeup of […]

Devices & Diagnostics

Meridian Bioscience gets FDA clearance for Legionnaires’ disease test

Diagnostics company Meridian Bioscience (NASDAQ:VIVO) has received U.S. Food and Drug Administration clearance for a test to detect bacteria commonly associated with Legionnaires’ disease. Legionnaires’ disease is a severe lung inflammation caused by an infection. Cincinnati, Ohio-area Meridian said the test, called TRU Legionella, is an important addition to its respiratory product portfolio. “This new […]

Devices & Diagnostics

Meridian Bioscience: Molecular test for Mycoplasma now in clinical trials

Next on tap for Meridian Bioscience‘s (NASDAQ:VIVO) illumigene molecular diagnostic testing platform is a test for Mycoplasma pneumonia, an infection of the lungs. The illumigene Mycoplasma test is currently in clinical trials, according to a statement from Meridian announcing the Cincinnati-area company’s first-quarter earnings. Meridian plans to launch three to four new illumigene tests per […]

Devices & Diagnostics

Meridian Bioscience CEO got 3 percent raise in 2011

Diagnostic test maker Meridian Bioscience‘s (NYSE:VIVO) Chief Executive Jack Kraeutler received a 3 percent increase in compensation this year to $843,000. Here’s how Kraeutler’s 2011 compensation breaks down, according to a recent regulatory filing: $546,000 in base salary; $228,000 in stock awards and $69,000 in “other” compensation, which includes retirement contributions, auto allowance and financial […]

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Devices & Diagnostics

Meridian Bioscience bets big on illumigene testing platform

Market adoption of Meridian Bioscience’s (NASDAQ:VIVO) new molecular diagnostic testing platform illumigene will go a long way toward determining the company’s future. Cincinnati-area Meridian is betting big on the technology, hoping it’ll help rescue the diagnostic testing company from its recent struggles. The company has reported declining year-over-year earnings in several recent quarters and twice […]

Devices & Diagnostics

Meridian Bioscience stock plummets on worsened outlook

Diagnostic testing company Meridian Bioscience (Nasdaq: VIVO) saw its shares fall as much as 13 percent in early trading Thursday, as the company downwardly revised its full-year earnings outlook. Shares of Meridian, whose tests can help doctors detect c. diff infection symptoms, were hovering around $23.87 in late-morning trading, after closing at $27.32 the prior […]

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MedCity News on ONN: Children’s test for C. Diff

MedCity News’ Brandon Glenn breaks down the recent FDA approval of Meridian Bioscience’s pediatric version of its C. difficile test on this week’s edition of Health Journal on ONN. Meridian said its new product is the only C. difficile test that the U.S. Food and Drug Administration has cleared for use on children under the […]