Welcome to our dedicated page for Hologic news (Ticker: HOLX), a resource for investors and traders seeking the latest updates and insights on Hologic stock.
Hologic Inc. (NASDAQ: HOLX) is a leading global healthcare company dedicated to the science of sure. Headquartered in Bedford, Massachusetts, Hologic specializes in developing, marketing, and servicing some of the most innovative and accurate diagnostic imaging systems and surgical products available today. The company's core business focuses on meeting the healthcare needs of women, operating through five primary segments: diagnostics, breast health, surgical, and skeletal health.
Diagnostics, which accounts for 60% of total sales, has seen a significant boost due to the pandemic, underscoring the company's strategic pivot toward commercial diagnostics following the acquisition of Gen-Probe. This segment includes a wide range of tests and instruments essential for early disease detection and management.
Breast Health, traditionally a cornerstone of Hologic’s business, contributes 14% to total sales. Though this segment was initially suppressed by the pandemic, it remains vital for innovations in mammography and breast surgery. Hologic's Surgical segment, representing 11% of sales, offers advanced products that enhance surgical outcomes and patient safety. The Skeletal Health segment, although smaller at 1% of total sales, provides critical tools for assessing bone health.
Hologic’s reach is vast, with the United States accounting for 69% of its revenue, followed by Europe at 20%, Asia at 8%, and other international markets making up the remaining 3%. The company's diverse, dedicated, and creative team is committed to not only advancing medical science but also providing greater confidence and peace of mind in diagnosis, enabling healthier lives worldwide.
Stay updated with the latest from Hologic by connecting on Hologic.com, Facebook, and Twitter.
Hologic, Inc. has partnered with Mediflix to release Carolina, a documentary-style film highlighting the breast cancer journey. Launched during Breast Cancer Awareness Month, this film guides patients from diagnosis to reconstruction. Featuring testimonials from survivors and experts, Carolina aims to enhance understanding of minimally invasive surgical options, such as the Reconstructive Lumpectomy. This innovative approach uses Hologic’s BioZorb marker to improve cosmetic outcomes post-surgery, addressing the emotional concerns of patients.
Black Women’s Health Imperative and Hologic hosted a roundtable, Unmuting Fibroids: Getting Loud for Equal Care, addressing disparities in uterine fibroid care. Experts emphasized that understanding menstruation as a vital health sign is crucial for prioritizing care. Uterine fibroids affect 80% of Black women, leading to severe health implications. Key initiatives include improving education for healthcare providers, advocating for funding legislation, and promoting culturally competent care to reduce disparities. Hologic supports this through its Project Health Equality.
Hologic, Inc. (NASDAQ: HOLX) has announced the acquisition of Bolder Surgical for approximately
Hologic, Inc. (NASDAQ: HOLX) will release its fourth quarter fiscal 2021 financial results on Monday, November 1, after market close. A conference call hosted by management will take place at 4:30 p.m. ET. Interested participants can join by calling 800-458-4121 (US/Canada) or +1 323-794-2093 (international) with access code 2820462. A replay will be available post-call through December 1, 2021. Additionally, the call will be accessible via a live webcast on the company’s website at www.investors.hologic.com.
Hologic, Inc. has launched the Novodiag® system across Europe, enhancing its molecular diagnostic solutions portfolio. This fully automated diagnostic tool tests for infectious diseases and antimicrobial resistance, following the acquisition of Mobidiag in June 2021. The Novodiag system utilizes real-time PCR and microarray technologies, allowing for rapid multiple pathogen identification from a single sample. It features a CE-IVD test menu for gastrointestinal infections and SARS-CoV-2 detection, with a strong pipeline of future assays.
Hologic, Inc. (NASDAQ: HOLX) has initiated a series of educational initiatives aimed at reducing racial disparities in breast cancer screening. To kick off Breast Cancer Awareness Month, CEO Steve MacMillan will ring the Nasdaq opening bell on October 4. The company is focusing on raising awareness of annual mammograms and addressing inequalities in care, particularly for Black women, who are less likely to receive necessary screenings. Hologic is also collaborating with RAD-AID to improve access to screening services in underserved areas.
Hologic has launched the expanded Omni suite, enhancing gynecological surgical offerings across Europe, Africa, and the Middle East. Key new products include the Omni 30° hysteroscope, Omni Lok cervical seal, and Omni 5 French seal. The advanced hysteroscope features interchangeable sheaths and a long working length for improved versatility in diagnostic and operative procedures. The Omni Lok seal minimizes fluid leakage by an average of 94%, boosting procedural efficiency. These innovations aim to support gynecologists in outpatient environments, adapting to patient needs effectively.
Hologic, Inc. has launched the Hologic Global Women’s Health Index, emphasizing unmet women’s health needs worldwide. With input from over 60,000 women across 116 countries, the index scored a low 54 out of 100 overall, indicating significant healthcare gaps. Key findings reveal that about 1.5 billion women were not tested for critical diseases, while more than 40% haven’t consulted healthcare professionals in the past year. The index identifies five health dimensions linked to women’s life expectancy, calling for global healthcare leaders to prioritize women’s health improvement.
Hologic, Inc. (NASDAQ: HOLX) will present at two upcoming virtual investor conferences: Morgan Stanley’s 19th Annual Global Healthcare Conference on September 9 at 11 a.m. ET and Wells Fargo’s Healthcare Conference on September 10 at 1:20 p.m. ET. Both presentations will be webcast live and accessible on the investor section of Hologic's website for 30 days after the events. Hologic focuses on innovative medical technologies aimed at enhancing women's health through early detection and treatment.
Hologic, Inc. (Nasdaq: HOLX) announced that Anthem Blue Cross Blue Shield will now cover Radiofrequency Ablation (LAP-RFA), including the Acessa® procedure, for treating uterine fibroids. This coverage impacts approximately 40 million Anthem members across the U.S., providing a minimally invasive option that preserves the uterus. Currently, around 11 million women in the U.S. are diagnosed with uterine fibroids. The Acessa procedure is recognized as a safe alternative to hysterectomy, allowing women to recover quickly and maintain their quality of life.
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