Quest To Open Blood-Testing Sites In Safeway
The Theranos competitor has already tested two centers in Arizona and says the customer response has been positive.
San Francisco Business Times:
Theranos Competitor Looks To Expand Test Centers In Safeway Stores
Quest Diagnostics Inc. — one of the medical lab testing players threatened by upstart blood-testing company Theranos Inc. — will open a dozen testing sites in Safeway supermarkets in California and select other states within two months. (Leuty, 6/15)
Meanwhile, Terumo Corp. has acquired Sequent Medical, which makes aneurysm treatment implants —
Orange County Register:
Aliso Viejo-Based Aneurysm Treatment Maker Sequent Acquired For $280 Million
Aliso Viejo-based Sequent Medical Inc. has been acquired by Terumo Corp. for $280 million, the companies said Tuesday. Sequent makes a minimally invasive brain aneurysm treatment implant called Web, which the company said has been used on over 3,000 patients worldwide. The deal marks the second time Terumo, a manufacturer of medical devices such as syringes, blood bags and IV solutions, has bought a life sciences company created by Rosenbluth and Cox. (Madans, 6/14)