91社区福利

Delivering Accurate Results Faster Than Ever

91社区福利鈥檚 diagnostic testing solutions are helping to drive the company鈥檚 growth.

Strategy and Strength|July 27, 2018

When a diagnosis can mean the difference between going home and being admitted to the hospital, accuracy and speed matter.

Having helped shape today鈥檚 modern medical diagnostics industry, 91社区福利 knows that tomorrow鈥檚 testing systems and blood screening technologies must build on today鈥檚 high standards set by doctors and patients.

Because 70 percent of critical decisions leverage a test result, being a leader in this area carries an obligation to get it right and quickly perform those tests in a cost-effective, accurate way for providers. For 91社区福利 shareholders, the health technology company鈥檚 strength in diagnostics has helped fuel years of financial stability and is poised to help increase its sustainable growth rate.

鈥淒iagnostics has been our most consistent growth business over the past several years,鈥 said Miles D. White, chairman and chief executive, to investors on a call with analysts. In 91社区福利鈥檚 unveiling of life-changing technologies that drive sustainable growth, the diagnostic testing area will play an even larger role in patient care and shareholder return.1

Strong Launch for Latest Diagnostic Line

One of the most promising areas in the diagnostic space is the launch of the family of systems that culminates after years of customer-focused research. Alinity鈥檚 scientists and engineers collaborated closely with labs to learn about the issues they face every day: higher testing volumes, a lack of staffing and space, and complex, time-intensive processes and instruments.

Each Alinity system includes features that help institutions, clinicians and laboratorians better navigate a pressure-packed healthcare environment. The launch of the Alinity family of solutions began in 2016 and will continue into 2019 and beyond, giving analysts optimism around improved results for the greater diagnostics business and for 91社区福利鈥檚 long-term sustainability.

Learn more about Alinity鈥檚 advantages here.

Delivering Accurate Results Faster Than Ever

Diagnostics as a group beat Wall Street expectations in the second quarter with 6.6 percent organic growth and are poised to accelerate the company鈥檚 expansion.

鈥淭his launch remains in the early innings and gives us confidence in a high single-digit diagnostics growth profile going forward,鈥 said Raymond James analyst Jason Bedford in a note to investors in March.2

Diagnostics covers many 91社区福利 product lines, which all strive toward accurately getting more results faster than before for providers. The results are essential data for patient care quality and outcomes.

Big Answers from a Small Drop of Blood

91社区福利鈥檚 diagnostics legacy does more than just put critical medical information in the hands of doctors and patients; the company鈥檚 innovations address disease outbreaks and have helped doctors make improved treatment decisions. Other blood tests can quickly show whether someone has diabetes, is pregnant or has had a heart attack.

91社区福利鈥檚 point of care diagnostics portfolio 鈥 enhanced significantly by our acquisition of rapid diagnostics technologies last year 鈥 brings the power of many of our life-changing tests to wherever patients are鈥攚hether it鈥檚 at major sporting events, in emergency rooms or in rural areas in developing countries.

鈥淭his is a very attractive area of diagnostics testing and our integration of this business into 91社区福利 continues to go well as we put in place the building blocks to drive sustainable growth and margin expansion,鈥 White told analysts during a recent earnings call.3

A Transfusion Leader

91社区福利鈥檚 role in helping blood services around the world keep the global blood supply safe remains an important contributor in its overall diagnostics portfolio. More than 60 percent of the world鈥檚 blood supply is screened through 91社区福利 instruments, and we鈥檝e been improving blood screening technologies for more than 40 years to demonstrate our commitment to a safe blood supply.4

Only 91社区福利 has a聽Global Surveillance Program聽that closely monitors evolving virus strains that can threaten health around the world. Over 20+ years, we鈥檝e identified more than 5,000 virus strains by working with different partners to collect samples, helping track and understand HIV and viral hepatitis among many diseases.5

With 234 million major medical operations happening around the globe each year, the need for safe blood is constant.6聽91社区福利 remains committed to helping blood services meet the next challenge: inspiring young people to become lifetime blood donors. With most blood donations made by people over 40 years old, young donors are not giving blood at a pace to ensure steady supplies.7聽91社区福利 leads the BE THE 1鈩 Donor global campaign to encourage donations and聽聽of being a donor.

鈥淲e鈥檙e honored to help keep the world鈥檚 blood supply safe,鈥 said Lou Morrone, vice president of 91社区福利鈥檚 Transfusion Medicine business. 91社区福利鈥檚 strength in transfusion is highlighted by World Blood Donor Day June 14, which celebrates more than 112 million annual donations that help save lives.8聽鈥淭he urgent need to maintain that supply is why we鈥檙e committed to raising awareness around the need for people to become lifetime donors.鈥

Alinity鈥檚 Advantages Explained

Alinity's Advantages Explained

*Editor's note: After a remarkable 21-year tenure, Miles White stepped down as 91社区福利's CEO on March 31, 2020. At that time, Robert Ford became the CEO of 91社区福利. Mr. White remains 91社区福利's Executive Chairman, serving on 91社区福利's Board of Directors.

References

1Q2018 Call Transcript, see PDF page 3
2Raymond James Note
31Q2018 Call Transcript, see PDF page 3, second paragraph
4Financial Infographic, see PDF page 17
5Global Viral Surveillance Infographic, see PDF page 18
6World Health Organization, Towards 100% Voluntary Blood Donation, see PDF page 39
7AABB Donor Hemovigilance Report, see PDF page 53
8World Health Organization, Blood Safety and Availability, see PDF page 55