![]() Under the terms of the agreement, Fulgent will acquire Inform Diagnostics for a total purchase price of approximately $170 million, subject to adjustments, to be paid from cash on hand. (NASDAQ: FLGT) ("Fulgent"), a technology-based genetic testing company focused on transforming patient care in oncology, infectious and rare diseases, and reproductive health, announced today that it has entered into a definitive agreement to acquire Inform Diagnostics, a leading national independent pathology laboratory based in Irving, Texas, and a portfolio company of Avista Capital Partners. TEMPLE CITY, California - ApFulgent Genetics, Inc. Preliminary first quarter revenue results expected to exceed previous guidance provided on February 23, 2022įulgent updates full year 2022 core revenue guidance to approximately $175 million including potential revenue contribution from proposed acquisition Proposed acquisition will add diagnostic offerings, including hematopathology and anatomic pathology, while also providing a highly complementary nationwide commercial infrastructure to support Fulgent's rapidly expanding genomic testing footprint These tools will help monitor the phytosanitary status of rice seeds to avoid the dissemination of Pantoea spp.Fulgent Genetics Agrees to Acquire Inform Diagnostics and Provides Preliminary First Quarter Revenue Results Two diagnostic tools have been therefore developed: one that detects all known Pantoea species and another one that is specific for P. The goal of this work was to overcome the above difficulties and facilitate a quick and cost-effective diagnosis of the bacteria in rice leaves and paddy fields. However, LAMP has so far not been applied to rice/ Pantoea spp., neglected pathosystems that are wide-spread and important in Africa (12, 14). It has been used for highly specific and sensitive DNA amplification to detect various pathogens, including viruses, bacteria, protozoa and fungi. LAMP has several advantages, such as portability, simplicity and cost-efficiency because the reaction can be carried out in a water bath or heating block. The results of LAMP reactions can be detected without electrophoretic separation but by visualization of turbidity, fluorescence or a color change thanks to a metal ion indicator. The technique uses the thermostable Bst DNA polymerase for reliable and fast polymerization and operates under isothermal conditions at relatively high temperature. Isothermal loop-mediated amplification (LAMP) is a relatively simple technique that facilitates rapid amplification of DNA and has a high level of sensitivity and specificity at low cost. However, their use is complex, time consuming, expensive and cannot be deployed outside the laboratory. A semi-selective medium for their isolation and identification has also been developed. New diagnostic tools have been developed, such as simplex and multiplex PCR schemes able of identifying the three major Pantoea species affecting rice plants. Thus, measures need to be taken to limit the pathogens' dispersion and robust diagnostic tools are required for rapid and cheap diagnosis that can be used in the field as well as in routine screening of seed lots. are seed-transmitted and thus pose a significant threat to interstate and continental seed exchanges. Collectively, they cause various diseases and symptoms, such as leaf blight and dieback, red streak, black spot, necrosis, bacterial spot, tumors, rot center, stem necrosis, leaf rot, decay of seed and Stewart's wilt. stewartii on rice plants and seeds in Sub-Saharan Africa. wallisii, have been widely reported as plant pathogens, ,, with P. The Pantoea genus is composed of several species characterized by their ubiquity and versatility in their interactions with living organisms and the environment.
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