We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
QGEN Stock Might Gain Following New Partnership With ID Solutions
Read MoreHide Full Article
QIAGEN N.V. (QGEN - Free Report) recently entered into a commercial partnership and co-marketing agreement with ID Solutions, a French provider of high-quality digital PCR (dPCR) assays, to expand the availability of dPCR assays for oncology research applications.
The latest partnership is likely to expand QIAGEN’s position in oncology-focused digital PCR assays, advancing QIAcuity as the platform of choice for cancer research.
QGEN Stock’s Likely Trend Following the News
Following the announcement, shares of QIAGEN remained unchanged at $42.32 yesterday.
QIAGEN’s long-term business strategy involves entering into strategic alliances as well as making marketing and distribution arrangements with academic, corporate and other partners relating to the development, commercialization, marketing and distribution of certain of their existing and potential products. In line with this, QIAGEN’s partnership with McGill University is aimed at enhancing its position in North America’s $1.8 billion microbiome research market.
Additionally, the company announced a collaboration with Eli Lilly and Company to support the development of a QIAstat-Dx in-vitro diagnostic (IVD) to detect APOE genotypes, which can play a key role in Alzheimer’s disease diagnosis. As a result, we expect the new partnership with ID Solutions to positively boost the market sentiment toward QGEN stock.
QIAGEN has a market capitalization of $9.16 billion. The company’s earnings yield of 5.5% compares favorably to the industry’s -33.5%. In the trailing four quarters, it delivered an average earnings surprise of 4.93%.
Details on QIAGEN’s Latest Partnership
Under the agreement, ID Solutions will manufacture and supply dPCR assays for non-clinical research use on QIAGEN’s QIAcuity platforms. These assays are optimized to simultaneously detect multiple mutations in cell-free DNA (cfDNA) from plasma and genomic DNA (gDNA) from formalin-fixed, paraffin-embedded (FFPE) tissue. QIAGEN will commercialize these kits starting with Europe, with the potential for future expansion into other regions.
Importance of QIAGEN’s New Partnership With ID Solutions
The agreement supports QIAGEN’s strategic focus on accelerating the adoption of the QIAcuity dPCR platform in oncology research. The new assays will expand QIAGEN’s portfolio and complement the existing PanCancer Kits for detecting multiple hallmark mutations in DNA.
The combination of QIAGEN’s global reach and automation expertise with the assay development and manufacturing capabilities of ID Solutions will strengthen QIAGEN’s position in oncology research.
For customers, this partnership translates into streamlined access to ready-to-use assays optimized for QIAcuity in non-clinical oncology research, expanding beyond the current menu, enabling results in less than a day and meeting the growing demand for deeper molecular insights.
Image Source: Zacks Investment Research
Industry Prospects Favor QGEN
Per the report from Research and Markets, the global digital PCR market was valued at $678.1 million in 2023 and is poised to reach $3.35 billion by 2034, marking a remarkable compound annual growth rate (CAGR) of 15.75% during 2024-2034. The market has been experiencing significant growth, primarily fueled by the rising adoption of personalized medicine to screen and diagnose genetic disorders. Additionally, the growing prevalence of infectious diseases is driving the demand for dPCR.
Another Development by QGEN
Earlier this month, QIAGEN signed a definitive agreement to acquire Genoox, a provider of AI-powered software that enables clinical labs to scale and accelerate the processing of complex genetic tests. The acquisition adds Franklin — Genoox’s flagship cloud-based community platform — to the QIAGEN Digital Insights (“QDI”) portfolio. It further strengthens QIAGEN’s leadership in genetic interpretation for clinical genomics applications.
QGEN’s Price Performance
In the past year, QGEN’s shares have lost 5.9% compared with the industry’s 17.5% decline.
QGEN’s Zacks Rank and Other Key Picks
The company currently carries a Zacks Rank #2 (Buy).
ANGO’s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 70.85%. Veracyte’s shares have risen 49.2% in the past year compared with the industry’s 5.5% growth.
STERIS, carrying a Zacks Rank #2 at present, has an estimated growth rate of 10.8% for 2025.
STE’s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 0.61%. Its shares have risen 34.1% compared with the industry’s 7.7% growth in the past year.
DexCom, carrying a Zacks Rank #2 at present, has an estimated earnings growth rate of 23.2% for 2025. Its earnings surpassed estimates in two of the trailing four quarters and missed in the other two, delivering an average surprise of 0.47%.
DXCM’s shares have risen 26.4% against the industry’s 15.7% decline in the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
QGEN Stock Might Gain Following New Partnership With ID Solutions
QIAGEN N.V. (QGEN - Free Report) recently entered into a commercial partnership and co-marketing agreement with ID Solutions, a French provider of high-quality digital PCR (dPCR) assays, to expand the availability of dPCR assays for oncology research applications.
The latest partnership is likely to expand QIAGEN’s position in oncology-focused digital PCR assays, advancing QIAcuity as the platform of choice for cancer research.
QGEN Stock’s Likely Trend Following the News
Following the announcement, shares of QIAGEN remained unchanged at $42.32 yesterday.
QIAGEN’s long-term business strategy involves entering into strategic alliances as well as making marketing and distribution arrangements with academic, corporate and other partners relating to the development, commercialization, marketing and distribution of certain of their existing and potential products. In line with this, QIAGEN’s partnership with McGill University is aimed at enhancing its position in North America’s $1.8 billion microbiome research market.
Additionally, the company announced a collaboration with Eli Lilly and Company to support the development of a QIAstat-Dx in-vitro diagnostic (IVD) to detect APOE genotypes, which can play a key role in Alzheimer’s disease diagnosis. As a result, we expect the new partnership with ID Solutions to positively boost the market sentiment toward QGEN stock.
QIAGEN has a market capitalization of $9.16 billion. The company’s earnings yield of 5.5% compares favorably to the industry’s -33.5%. In the trailing four quarters, it delivered an average earnings surprise of 4.93%.
Details on QIAGEN’s Latest Partnership
Under the agreement, ID Solutions will manufacture and supply dPCR assays for non-clinical research use on QIAGEN’s QIAcuity platforms. These assays are optimized to simultaneously detect multiple mutations in cell-free DNA (cfDNA) from plasma and genomic DNA (gDNA) from formalin-fixed, paraffin-embedded (FFPE) tissue. QIAGEN will commercialize these kits starting with Europe, with the potential for future expansion into other regions.
Importance of QIAGEN’s New Partnership With ID Solutions
The agreement supports QIAGEN’s strategic focus on accelerating the adoption of the QIAcuity dPCR platform in oncology research. The new assays will expand QIAGEN’s portfolio and complement the existing PanCancer Kits for detecting multiple hallmark mutations in DNA.
The combination of QIAGEN’s global reach and automation expertise with the assay development and manufacturing capabilities of ID Solutions will strengthen QIAGEN’s position in oncology research.
For customers, this partnership translates into streamlined access to ready-to-use assays optimized for QIAcuity in non-clinical oncology research, expanding beyond the current menu, enabling results in less than a day and meeting the growing demand for deeper molecular insights.
Image Source: Zacks Investment Research
Industry Prospects Favor QGEN
Per the report from Research and Markets, the global digital PCR market was valued at $678.1 million in 2023 and is poised to reach $3.35 billion by 2034, marking a remarkable compound annual growth rate (CAGR) of 15.75% during 2024-2034. The market has been experiencing significant growth, primarily fueled by the rising adoption of personalized medicine to screen and diagnose genetic disorders. Additionally, the growing prevalence of infectious diseases is driving the demand for dPCR.
Another Development by QGEN
Earlier this month, QIAGEN signed a definitive agreement to acquire Genoox, a provider of AI-powered software that enables clinical labs to scale and accelerate the processing of complex genetic tests. The acquisition adds Franklin — Genoox’s flagship cloud-based community platform — to the QIAGEN Digital Insights (“QDI”) portfolio. It further strengthens QIAGEN’s leadership in genetic interpretation for clinical genomics applications.
QGEN’s Price Performance
In the past year, QGEN’s shares have lost 5.9% compared with the industry’s 17.5% decline.
QGEN’s Zacks Rank and Other Key Picks
The company currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader medical space are AngioDynamics (ANGO - Free Report) , STERIS (STE - Free Report) and DexCom (DXCM - Free Report) .
AngioDynamics, carrying a Zacks Rank #1 (Strong Buy) at present, has an estimated earnings growth rate of 23.7% for 2025. You can see the complete list of today’s Zacks #1 Rank stocks here.
ANGO’s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 70.85%. Veracyte’s shares have risen 49.2% in the past year compared with the industry’s 5.5% growth.
STERIS, carrying a Zacks Rank #2 at present, has an estimated growth rate of 10.8% for 2025.
STE’s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 0.61%. Its shares have risen 34.1% compared with the industry’s 7.7% growth in the past year.
DexCom, carrying a Zacks Rank #2 at present, has an estimated earnings growth rate of 23.2% for 2025. Its earnings surpassed estimates in two of the trailing four quarters and missed in the other two, delivering an average surprise of 0.47%.
DXCM’s shares have risen 26.4% against the industry’s 15.7% decline in the past year.