Investment
Features
FeesSafety
Academy
More
Pluang+

QuidelOrtho acquires LEX Diagnostics, launching ultra-fast PCR system for rapid flu and COVID-19 testing.

Company Fundamentals
20 Apr 2026
PRNewsWire
View Source
Bullish
pluang ai news

QuidelOrtho has completed its $100 million acquisition of LEX Diagnostics, gaining the LEX VELO System, an ultra-fast PCR platform cleared by the FDA to deliver results for Influenza A, Influenza B, and COVID-19 in about 6 to 10 minutes. This acquisition expands QuidelOrtho's molecular diagnostics portfolio and supports faster, decentralized testing at the point of care. The company plans to launch the LEX VELO System commercially in the U.S. later this year, with global expansion to follow pending regulatory approvals. This move strengthens QuidelOrtho's position in the fast-growing point-of-care diagnostics market and aims to improve patient outcomes through quicker, lab-quality results.

More News

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
1 hour ago
Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
4 hours ago
Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...

Market News
Bearish
4 hours ago
Ethereum's rally faces a key test as staking demand rises despite lower yields.

Ethereum's rally faces a key test as staking demand rises despite lower yields.

Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...

Technical Signals
Bullish
4 hours ago
Solana surpasses 300,000 real-world asset holders, challenging Ethereum's dominance in tokenized assets.

Solana surpasses 300,000 real-world asset holders, challenging Ethereum's dominance in tokenized assets.

Solana's number of wallets holding tokenized real-world assets (RWAs) has exceeded 300,000, surpassing Ethereum's roughly 200,000 holders. While Solana's RWA value doubled in 2026 to $3.45 billion, Ethereum still leads with $16.3 billion in tokenized...

Protocol Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App