Accelerate Diagnostics

The firm said that its system is expected to deliver up to 50 AST tests per day and match the daily production of the highest-throughput systems in the market.

Clinicians identifying and treating S. aureus bloodstream infections reduced the median length of stay by 5.6 days and hospital cost by $13,341 per patient after using Luminex's assay.

The firm reported that it has signed contracts for a total of 430 instruments, while commercial placements grew to 118 across the globe.  

Overall, 20 of the 25 firms in the index saw their share prices grow in May, including seven whose stocks rose more than 20 percent compared to April.

The in-vitro diagnostic contract research organization is targeting hospitals with its new reference testing services.

The company reported that it signed agreements for 345 instruments, while revenue-generating placements totaled 89 across the US and European regions.

Seventeen of the 25 companies in the 360Dx Index saw their shares decline last month. Invitae paced the decliners, while GenMark led the gainers.

The firm will use a portion of the proceeds for general corporate purposes and to fund its commercialization efforts

The company reported that it signed agreements for 337 instruments , while revenue-generating placements totaled  78 across the US, European, and Middle East regions.

At the JPM Healthcare Conference on Wednesday, its CEO also said that lower-than-anticipated revenues in Q4 2017 were due to a longer-than-expected sales cycle.

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