Pharma Industry
Industry: Email Alert RSS FeedFujirebio Buys Centocor's Diagnostics Division.
Chemical Market Reporter, November, 1998
CENTOCOR INC . will sell its oncology diagnostics business to Fujirebio Inc. of Japan for nearly $37.5 million. The acquisition covers Centocor's in vitro diagnostic operations, which include immunoassays using monoclonal anti body technology. Revenues for Centocor's diagnostics business were $35.4 million in 1997.
Fujirebio, one of the leading diagnostics companies in Japan, will operate the business in Malvern, Pa., and plans to expand its North American operations.
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