Abbott's Watershed Acquisition of Medisense
For the first time, notes Bob Easton of The Wilkerson Group, the Big Four of diagnostics-Abbott, Boehringer Mannheim, Johnson & Johnson and Bayer-are competing head-to-head, worldwide in a major business unit. For Abbott Diagnostics Division Medisense meant growth in a growth-starved industry.
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In the past two years, Inverness Medical Innovations has paid a total of roughly $500 million to buy five rapid point-of-care (POCT) diagnostic testing businesses, which now lie at the heart of its effort to expand in the POCT realm. These have laid the ground work for four subsequent transactions and related financings, all aimed at making Inverness a world leader in women's health and pregnancy testing. But what's of interest isn't so much the women's health play per se as the company's management tream, which has twice before built up POCT companies, then sold them for significant premiums.
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A list of EU biosimilar filings, CHMP opinions and EU marketing authorizations, including details of the biosimilar company, the brand name/INN, indication(s), the reference product/company, and the date and type of event.