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The company also said that it has acquired Beijing-based food safety testing firm Meizheng Group. The deal is expected to expand PerkinElmer's food safety capabilities.

The company released new data showing that Cologuard 2.0 can detect colorectal cancer with higher sensitivity than the current version of the test.

The firm reported that test volumes for its Cologuard colorectal cancer screening test rose 89 percent year over year.

Clinical services revenues rose 56 percent to $92.6 million while pharma services grew 26 percent to $12.1 million.

The company's life sciences revenues were up 6 percent while its diagnostics business grew almost 7 percent.

The company delivered organic growth across its four business segments and raised its revenue and earnings guidance for the year.

Within Diagnostics, year-over-year core laboratory Q3 revenues rose 8 percent to $1.18 billion but molecular diagnostics revenues fell 8 percent to $111 million.

Qiagen will develop IVDs for use on Illumina's clinical sequencers and reported preliminary Q3 revenue growth of 3 percent at a constant exchange rate.

The Belgian oncology molecular diagnostics firm reported a 17 percent increase in product sales but said that sales of cartridges in the US were lower than expected. 

The firm's diagnostics and genomics group saw an 11 percent year-over-year revenue increase in the third quarter.

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