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Health Care Industry
Industry: Email Alert RSS FeedInverness Medical Innovations
Drug Store News, August 18, 2003 by Michael Johnsen
Inverness Medical Innovations announced late last month it plans to acquire Applied Biotech from Apogent Technologies. Based in San Diego, Applied Biotech manufactures rapid diagnostic products in the areas of women's health, infectious disease and drug testing.
The deal, which is being funded primarily through a stock-swap transaction with Inverness acquiring all Apogent shares, is expected to close some time this month.
COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2008 Gale, Cengage Learning
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