Roche Completes Acquisition of BioVeris

June 27, 2007 at 5:37 PM General Health News
  •   Print
  •   Share
  •   Comments
  •  Text 
Roche Completes Acquisition of BioVeris
Roche Diagnostics today announces that it has completed its acquisition of BioVeris. Roche signed the merger agreement with BioVeris for approximately $600 million on April 4, 2007.

This means Roche Diagnostics now owns the patents for Electrochemiluminescence (ECL) technology and can expand its immunochemistry business from the human diagnostics field into new market segments such as life sciences research, life science development, patient self-testing, veterinary testing, drug discovery, drug development and clinical trials.

"We are excited to be able to offer ECL technology to existing and new customers for these expanded uses. This is a highly innovative technology that our customers and their patients will certainly benefit from," said Andy Thomson, Senior Vice President, Centralized Diagnostics, Roche Diagnostics Corporation.

Today, Roche is a leader in immunochemistry, driven by its highly successful Elecsys(R) immunochemistry product line, the fastest growing portfolio of Roche Diagnostics' lab diagnostics business.

Source: PR Newswire
LIN/M

 Email Email   RSS Feeds RSS Feeds   Print this page Print   Save this page Save   Link Link   Syndicate Syndicate   Comments Comments   Bookmark and Share
 
Comment & Contribute
Comments should be on the topic and should not be abusive. Comments are normally moderated and are reviewed after they are posted.
* Your comment can be maximum of 2500 characters

Notify me when reply is posted
I agree to the terms and conditions
  
If you have a question about health related issues, you can now post it in our Ask An Expert section on our community website Medwonders.com and get answers from our panel of experts.
X

Medwonders Health Network

  • Health News Index
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
News Archive
Date :
Category :
Keyword :
  • News Quick Links
News Central Health Watch
Latest Health News Health In Focus
News Category (500+) Breaking Health News
Popular News Celebrating Life
Health News and Press Release Medindia - Exclusive
News Photo Gallery India Special
News Video Gallery Lifestyle and Wellness
News From Other Resources
News Categories:  
Obesity Health Center

General News

» Research on Neglected Diseases to Take Priority Place for WHO » Medical Innovation: Hypodermic Needles for Injection Could Soon be History
» Written Communication Contains Higher Frequency of Positive Words » Canadian Research Urges US and Europe to Implement New System for Regulating Probiotics
» To Err Appeals Cruder Judgment for Male Bosses Than Women » Emotionally Intelligent Easily Conned
» Ukraine Passes Law To Ban Smoking in Public Places » Eating 'Bushmeat' Could Lead to Next HIV Pandemic
Read More >>