In Vivo is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

A Thousand Points of Care

Executive Summary

Careside is betting that its newly launched blood testing system will succeed where others have failed by offering a broad platform of routine, high-volume tests at the point of care. The rationale is that decentralizing routine diagnostic testing by moving it away from the central lab setting will improve patient outcomes at an equivalent or lower cost--a claim other companies have been unable to substantiate. Further, competitors like i-Stat and Diametrics argue that the need is for time-critical urgent care tests--blood gases and cardiac markers--and not the routine chemistries that comprise a substantial portion of Careside's menu. And convincing group medical practices--the initial target of Careside's marketing efforts--to set up lab operations on the premises, which entails ongoing inspections to meet regulatory requirements, is a difficult sell. Thus, an important component of the company's marketing strategy is to assist customers in the process. What Careside has going for it is an experienced management team and its use of a mature technology well known to end users, which appears to be giving it good credibility with potential customers. The key to its success may well be its ability to add immunoassays to its already substantial menu of basic chemistries, electrochemistries, coagulation tests, and hematology tests (the latter via a companion instrument). Immunoassays would broaden the platform beyond general 'wellness' testing, giving physicians a tool for disease-specific diagnoses and help with reimbursement.

You may also be interested in...



Amgen/AstraZeneca’s Tezepelumab Cuts Asthma Exacerbations By 56%

Data presented at AAAI meeting show reduced annualized asthma exacerbation rates across all patient populations, but doctors are unlikely to switch patients served well by existing biologics. 

Sarepta’s Next-Generation Drugs Draw Attention Amid ‘Incremental’ Approval

The RNA drug’s accelerated approval brings Sarepta’s exon-skipping market share to nearly 30%.

COVID-19 Will Forever Change Workplace, But Not Necessarily For The Better, Merck’s Frazier Says

Limiting interactions to two-dimensional settings will hinder collaboration, innovation and the mentoring of younger employees, Merck & Co. CEO Kenneth Frazier says. Frazier, who will retire in June, is looking forward to returning to public service but says "politics with a capital P is not my thing."

Topics

Related Companies

UsernamePublicRestriction

Register

OM017181

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel