Tag

Cepheid

All articles tagged with #cepheid

healthcare2 years ago

Global Fund Secures Affordable Tuberculosis Test from Cepheid Amid Pressure Campaign

Danaher Corporation has announced an agreement to provide Cepheid's Xpert® MTB/RIF Ultra diagnostic test cartridges for tuberculosis (TB) at cost to the Global Fund to Fight AIDS, TB and Malaria and less-developed countries eligible for Cepheid's Global Access Program. By reducing the price of the test cartridge to $7.97, Danaher will earn no profit. The agreement expands the partnership between Cepheid and the Global Fund, aiming to improve access to high-quality TB testing in countries where it is most needed. The Global Fund is the largest provider of financing and programs to combat TB globally.

business2 years ago

Tech layoffs hit Bay Area hard, signaling new industry trends.

Medical devices and biotech company Cepheid plans to cut 625 positions in the Bay Area, affecting workers in Sunnyvale, Newark, Fremont, and Santa Clara. The layoffs are expected to occur around June 20 and will bring the total number of job cuts by Cepheid to 1,550 in the Bay Area. Since mid-2022, tech and life sciences companies have filed WARN notices detailing layoffs to eliminate the jobs of 25,200 workers in the Bay Area, with Facebook owner Meta Platforms and Google eliminating the most jobs.