Stanbio Acquires GDS Technology
By HospiMedica staff writers
Posted on 19 Sep 2001
Stanbio Laboratory (Boerne, TX, USA) has acquired GDS Technology (Elkhart, IN, USA), a manufacturer of clinical chemistry reagents, enzymes, and the Stat-Site multi-analyte point-of-care analyzer.Posted on 19 Sep 2001
Stanbio manufactures clinical diagnostic reagents and products for serology, microbiology, and hematology. The company's international distribution network is established in more than 70 countries around the world. The acquisition will further expand Stanbio's original equipment manufacturer (OEM) capabilities. Stanbio will also benefit from the research partnerships GDS has formed to explore its proprietary enzyme technology, which include the U.S. National Institutes of Health and the U.S. Department of Defense.
"With the addition of GDS Technology, we can strengthen our clinical chemistry line, which remains our core business, and further expand our product offering to include point-of-care testing,” said William R. Pippin, present of Stanbio Laboratory. "In addition, the unique synergy between our two operations will create numerous business opportunities as we merge the businesses.”
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