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Welcome to Diagnostics!
From late breaking news to key company press releases, from financings to who is investing, you will find it here.
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Executive Summary03.24.08
At $24.9 billion in revenues, the Diagnostics industry is projected to deliver another year of double-digit growth, following an 11% gain (in actual dollars) in 2003. Several factors contribute to its well-being, favorable currency exchange rates, continuing growth in molecular testing (NAT) and glucose monitoring (combined these account for 27% of industry sales), and worsening labor shortages that spur demand for lab automation and work-cell consolidation.... more»Leadership Review
MSC-Medical Services Company announced that on March 10, 2008, it has appointed Robert DiProva as Senior Vice President of Finance to be effective as of March 17, 2008 for a transitional period ending... more»
MSC-Medical Services Company announced that on March 10, 2008, it has appointed Robert DiProva as Senior Vice President of Finance to be effective as of March 17, 2008 for a transitional period ending... more»
Mergers & Acquisitions
Covidien, Ltd. (NYSE: COV) recommended cash offer to acquire Tissue Science Laboratories plc (AIM:TSL) from Archangel Informal Investments Limited, The Vertical Group and other shareholders for £... more»
Covidien, Ltd. (NYSE: COV) recommended cash offer to acquire Tissue Science Laboratories plc (AIM:TSL) from Archangel Informal Investments Limited, The Vertical Group and other shareholders for £... more»
Corporate Finance
SartoriusStedim Biotech and ProMetic Life Sciences Inc. announced the second successful technology transfer deal resulting from their collaboration entered into in 2006. The collaboration positions Sa... more»
SartoriusStedim Biotech and ProMetic Life Sciences Inc. announced the second successful technology transfer deal resulting from their collaboration entered into in 2006. The collaboration positions Sa... more»
News & Events
Exelixis Inc. announced that Genentech Inc. has exercised its option to further develop and commercialize Exelixis' compound XL518, a selective and potent inhibitor of MEK, which is currently in a pha... more»
Exelixis Inc. announced that Genentech Inc. has exercised its option to further develop and commercialize Exelixis' compound XL518, a selective and potent inhibitor of MEK, which is currently in a pha... more»
Earnings Announcements
Dr. Reddy's Laboratories Ltd. has announced a 92% decrease in net profit at INR 422.9 million for the quarter to Dec. 2007. Its sales decreased by 34% to INR 7,755.5 million. The company's operating p... more»
Dr. Reddy's Laboratories Ltd. has announced a 92% decrease in net profit at INR 422.9 million for the quarter to Dec. 2007. Its sales decreased by 34% to INR 7,755.5 million. The company's operating p... more»
Legal & Legislative
Dr. Reddy's Laboratories Ltd. entered into a settlement agreement with Novartis Pharma AG which involves a stipulation of dismissal of the lawsuits in the United States relating to the Abbreviated New... more»
Dr. Reddy's Laboratories Ltd. entered into a settlement agreement with Novartis Pharma AG which involves a stipulation of dismissal of the lawsuits in the United States relating to the Abbreviated New... more»
Strategic Development
Grifols, S.A. announced that it has signed an agreement with Stough Development Corporation to open 10 new blood plasma collection centers in the US. In a statement, Grifols reported the US group will... more»
Grifols, S.A. announced that it has signed an agreement with Stough Development Corporation to open 10 new blood plasma collection centers in the US. In a statement, Grifols reported the US group will... more»
