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J&J buys Inverness diabetes products business
May 2001
Executive Summary
Johnson & Johnson has acquired the diabetes self-management business of Inverness Medical Technology in a stock swap. Inverness will spin off its lesser lines--women's health, nutritional supplements, plus technology for diagnostics applications outside diabetes--into a separately traded public company to be owned by Inverness shareholders.
Deal Industry
-
In Vitro Diagnostics
- Chemistry, Immunoassay
- Glucose Testing
Deal Status
- Final
Deal Type
-
Acquisition
- Payment Includes Stock
- Full Acquisition
- Includes Contract
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J&J buys Inverness diabetes products business
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