2016 Year End Brought Closure to Many Diagnostic Deals
As 2016 came to a close, so too did a significant number of business deals involving diagnostic companies, tests and testing systems. Here’s a summary of some of the recent transactions affecting diagnostics. MERGERS & ACQUISITIONS Acquiring Company Target Deal Summary Agilent Technologies Multiplicom, Belgiumbased molecular diagnostics firm spun off from Univ. of Antwerp in 2011 Price: €68 million ($70.6 million) in cash AT to offer jobs to all 90 M employees Lure is M’s BRCA Tumor MASTR Plus Dx test, first ovarian cancer companion test to get CE-IVD designation in Europe Menarini-Silicon Biosystems Janssen Diagnostics Price: Undisclosed MSB acquires JD’s Cellsearch circulating tumor cell system for monitoring breast, prostate and colorectal cancers Cellsearch is only breast cancer monitoring system approved by China FDA Abbott Laboratories St. Jude Medical $25 billion merger European Commission OKs on antitrust grounds provided that: i. SJ divests Angio-Seal and Femoseal vascular closure assets; and ii. A divests Vado steerable sheath All latter assets already slated for sale to Japanese firm Terumo for $1 billion Takara Bio USA Holdings Rubicon Genomics Price: $75 million Helps T fortify position in pre-analytical genetic sample preparation and expand into in vitro fertilization Grifols Hologic, Inc.’s blood screening assets […]
As 2016 came to a close, so too did a significant number of business deals involving diagnostic companies, tests and testing systems. Here's a summary of some of the recent transactions affecting diagnostics.
MERGERS & ACQUISITIONS | ||
---|---|---|
Acquiring Company | Target | Deal Summary |
Agilent Technologies | Multiplicom, Belgiumbased molecular diagnostics firm spun off from Univ. of Antwerp in 2011 |
|
Menarini-Silicon Biosystems | Janssen Diagnostics |
|
Abbott Laboratories | St. Jude Medical |
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Takara Bio USA Holdings | Rubicon Genomics |
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Grifols | Hologic, Inc.'s blood screening assets |
|
Abbott Laboratories | Alere |
|
DNA Diagnostics Center | Identigene, subsidiary of Sorenson Genomics |
|
Boston Scientific | Neovasc |
|
Takara Bio USA Holdings (subsidiary of Takara Bio USA) | Wafergen Biosystems |
|
STRATEGIC ALLIANCES | ||
Partner 1 | Partner 2 | Deal Summary |
Henry Ford Health System Pathology and Laboratory Medicine | Beckman Coulter Inc. |
|
Roche | Pacific Biosciences |
|
Agilent Genomics (the genomics arm of Agilent Technologies) | Transcriptic (Bay Area diagnostic software firm) |
|
Novogene | AITbiotech |
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Royal Phillips | New York Medical College |
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Evogen | UCB |
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Courtagen Life Sciences | Certainty Health |
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SystemOne | Daktari Diagnostics |
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DISTRIBUTION AGREEMENTS | ||
Property Owner | Distributor | Deal Summary |
MDxHealth | AceCGT Life Sciences Limited |
|
Dovetail Genomics LLC | Tomy Digital Biology Co. |
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Illumina Netherlands | GenDx |
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NantHealth | Oncotest-Teva (subsidiary of Teva Pharmaceuticals) |
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NantHealth | Lunatus |
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Argos Technologies | Bibby Scientific |
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Kapa Biosystems (owned by Roche) | Merck |
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Kapa Biosystems (owned by Roche) | MilliporeSigma |
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Senseonics | Roche |
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LICENSES | ||
Licensor | Licensee | Deal Summary |
Thermo Fisher Scientific | Singulex |
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Labcyte | Notable Labs |
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Epicentre (a subsidiary of Illumina) | Lucigen |
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SELLING & MARKETING AGREEMENTS | ||
Property Owner | Seller | Deal Summary |
Good Start Genetics | Roche Diagnostics |
|
Edico Genome | Amazon Web Services |
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