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Inverness Medical Innovations buys MedPointe's Wampole Lab

Executive Summary

Inverness Medical Innovations (women's health diagnostics, vitamins, nutritional supplements, and medical device technologies) is acquiring Wampole Laboratories, the immunoassay diagnostic division of pharmaceutical company MedPointe, for $70mm in cash, about 1.75 times its revenue for the 3/02 fiscal year.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
    • Urine-based Testing
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash

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