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Stock Market & Financial Investment News

News Breaks
June 16, 2014
08:05 EDTSQNMSequenom receives FDA premarket clearance
Sequenom announced that it has received premarket 510k clearance from the FDA to market its IMPACT Dx Factor V Leiden and Factor II Genotyping Test and the IMPACT Dx System. The IMPACT Dx Factor V Leiden and Factor II Genotyping Test is performed on the IMPACT Dx System, and is indicated for use as an aid in the diagnosis of patients with suspected thrombophilia. As previously announced, Sequenom completed the sale of its Bioscience business segment to Agena Bioscience. As part of this sale, the Premarket 510k Notification will transfer to Agena Bioscience and Sequenom will receive $2M upon the achievement of this regulatory milestone.
News For SQNM From The Last 14 Days
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August 24, 2014
21:54 EDTSQNMPiper Jaffray to hold a bus tour
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August 19, 2014
11:32 EDTSQNMLabCorp prenatal test a negative for Sequenom, says Maxim
Maxim views LabCorp's (LH) announcement today that it will begin offering the informaSeq prenatal test as a long-term negative for Sequenom (SQNM) due to increased competition. The news is also negative for Illumina (ILMN) and PerkinElmer (PKI), who both offer Non-Invasive Prenatal Tests, Maxim adds. The firm recommends buying shares of LabCorp and keeps a Buy rating on the name with a $130 price target.

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