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Inverness closes Biosite buyout:

This article was originally published in Clinica

Executive Summary

Inverness Medical Innovations has completed the acquisition of San Diego, California-based diagnostics company Biosite (see Clinica No 1258, p 13). The deal, which went through on June 29 at a price of $92.50 per share, saw Biosite cease trading and delisted from the Nasdaq the previous day.

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