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Industry

Agilent Technologies to Acquire Multiplicom

Agilent Technologies Inc. has entered into a definitive agreement to acquire European diagnostics company Multiplicom N.V., for approximately EUR 68 million in cash. More...
03 Jan 2017
Image: Research has identified the top five IVD market trends for 2016 (Photo courtesy of Slidestoc).

Top Five In Vitro Diagnostic Trends of 2016

Companies in the global in vitro diagnostic (IVD) market which is currently worth USD 60.5 billion are being affected by various trends such as hospital consolidation, China’s increasingly important role in product launch decisions, service test markets, new small clinic targets, and mergers & acquisitions. More...
20 Dec 2016
Image: The ADVIA Centaur XP (Photo courtesy of Siemens Healthineers).

Siemens Healthineers to Invest USD 300 Million in Massachusetts Facility Expansion

Siemens Healthineers has announced that it will invest around USD 300 million over a four-year period for expanding its laboratory diagnostics manufacturing and research and development facility located in Walpole, Massachusetts in the US. More...
15 Dec 2016

Hologic to Sell Blood-Screening Business to Grifols for USD 1.85 Billion

US medical device maker Hologic, Inc. has agreed to sell off its share of the Procleix blood-screening business to long-time partner, Grifols SA, for USD 1.85 billion in cash. More...
15 Dec 2016

Abbott Seeks to Terminate Alere Acquisition

Abbott Laboratories has filed a complaint in the Delaware Court of Chancery seeking termination of its proposed acquisition of Alere, citing material adverse events after both the companies had entered into a merger agreement on January 30, 2016. More...
13 Dec 2016

Immunoassay Products Market Worth USD 23.3 Billion by 2024

The global immunoassay instruments/analyzers market was valued at USD 14.7 billion in 2015 and is expected to reach USD 23.3 billion by 2024, driven by the continuous introduction of advanced products, as well as growing clinical applications for investigation and diagnosis of various chronic and related infectious diseases. More...
14 Nov 2016

Siemens Publicly Lists Healthcare Business

Siemens AG, Europe’s largest industrial conglomerate, has announced that its USD 15 billion healthcare division, which operates under the uniform brand name Siemens Healthineers, will be publicly listed as an independent medical technology business. More...
14 Nov 2016
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LabMedica Industry News channel reports on mergers and takeovers, on cooperative agreements and on trends in the IVD industry worldwide.