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Beckman Coulter Announces First Quarter 2008 Results
Date:4/30/2008

the first quarter, we launched the second of our five planned workcells, and we remain on schedule to launch our next generation hematology system, the DxH, in the second half of 2008. The product portfolio acquired from Dako furthers our capability in the research flow cytometry market. These new products extend our unparalleled range of industry-leading instrument systems and should help us to continue to expand our installed base."

Recent Developments

-- Launched the UniCel DxC 880i, an integrated workcell that consolidates

chemistry and immunoassay testing for high-volume laboratories. This

latest addition to the company's workcell family combines Beckman

Coulter's market-leading chemistry system, the UniCel DxC 800, and the

industry's highest-throughput immunoassay system, the UniCel DxI 800.

-- Named Scott Garrett, president and chief executive officer, to the

additional post of chairman of the board, effective April 24, 2008.

-- Named Betty Woods, the company's previous non-executive chairman, as

lead independent director, effective April 24, 2008.

-- Announced that the company's Board of Directors authorized the

repurchase of up to 2.5 million shares of the company's outstanding

common stock.

-- Declared a $0.17 per share quarterly cash dividend payable on

May 23, 2008 to all stockholders of record on May 9, 2008. This payout

represents the 76th consecutive, quarterly payout of dividends.

-- Entered into an agreement with Siemens Healthcare Diagnostics for

sublicenses of certain rights relating to testing for the hepatitis C

virus (HCV). Under the agreement, Beckman Coulter can develop,

manufacture and sell a quantitative viral load HCV blood test for use

on the company's molecular diagnostic instrument, which is in

development.

Full Year Outlook

Garrett conclu
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SOURCE Beckman Coulter, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related biology technology :

1. Beckman Coulter Acquires Rights to Hepatitis C Virus
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3. The Immune Tolerance Institute Announces Collaboration with Beckman Coulter Establishing a Multiplatform Immunophenotyping/Immunogenotyping Laboratory
4. Beckman Coulter to Present at the 2008 Bear Stearns London Healthcare Conference
5. Beckman Coulter Releases the High-Volume UniCel(R) DxC 880i Integrated Work Cell
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