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Siemens Adds Infectious Disease Tests With Luxembourg's Fast-Track Diagnostics

 
• By Catherine Longworth

Siemens Healthineers has signed an agreement to acquire Luxembourg-based Fast Track Diagnostics (FTD) the developer of diagnostics that can distinguish between viral, bacterial, or other infections in one test. The deal comes as Siemens is shaping up to float Healthineers, as an independently publicly-listed company.

Siemens Healthineers is continuing to expand its molecular diagnostic business, with the company inking a deal to acquire Luxembourg-based Fast Track Diagnostics (FTD).

FTD makes diagnostics that distinguish viral, bacterial, or other infections in one platform. The tests are real-time polymerase chain reaction (PCR) kits, allowing for both singleplex and syndromic testing and...

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