Navigation Links
Inverness Medical Innovations Acquires ParadigmHealth
Date:12/21/2007

WALTHAM, Mass., Dec. 21 /PRNewswire-FirstCall/ -- Inverness Medical Innovations, Inc. (Amex: IMA) today announced that it has completed its previously announced acquisition of ParadigmHealth, Inc. ParadigmHealth, headquartered in New Jersey, is a leading provider of innovative, consumer- centric decision support technologies and expert coaching to facilitate better health choices for acutely ill and clinically complex patients, including neonatal intensive care and oncology patients.

The transaction was structured as an all cash deal, with a purchase price of approximately $230 million. The company is operating profitably and the past twelve months revenues were approximately $58.5 million.

Inverness was represented by Goodwin, Procter and advised by Covington Associates, LLC; ParadigmHealth was represented by Orrick, Herrington and advised by UBS Securities LLC.

About Inverness

By developing new capabilities in near-patient diagnosis, monitoring and health management, Inverness Medical Innovations enables individuals to take charge of improving their health and quality of life. A global leader in rapid point-of-care diagnostics, Inverness' products, as well as its new product development efforts, focus on infectious disease, cardiology, oncology, drugs of abuse and women's health. Inverness is headquartered in Waltham, Massachusetts. For additional information on Inverness Medical Innovations please visit our website at http://www.invernessmedical.com.


'/>"/>
SOURCE Inverness Medical Innovations
Copyright©2007 PR Newswire.
All rights reserved

0

GOOD

Page: 1

Related biology technology :

1. Inverness Medical Innovations Agrees to Acquire Panbio Ltd.
2. Inverness - Chemogen Establish Exclusive License for TB Antibodies
3. Inverness Medical Innovations Announces Proposed Public Offering of Common Stock
4. Inverness Medical Innovations Agrees to Acquire ParadigmHealth
5. AEterna Zentaris completes management team with the appointment of Chief Medical Officer
6. VisEn Medical Files Action to Invalidate New Caliper Life Sciences Patent
7. China Medical Technologies to Participate in the Morgan Stanleys 2007 China Medical Corporate Day
8. Pathway Medical Technologies Adds Joe Rafferty as VP, Sales, and Moves To Larger Facility to Accommodate Rapid Growth
9. BioMS Medical announces its intention to renew a normal course issuer bid
10. Dr. Amit Dhawan Promoted to Medical Director for The Mattson Jack Group
11. ATS Medical Expands Open Pivot Heart Valve Offerings

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/20/2009)...FirstCall/ -- Cell Therapeutics, Inc. (CTI) (Nasda...rcuit Court of Appeals reversed a U.S. District Co...pursue all of its claims against The Lash Group, s...al. CTI filed a complaint against The Lash Group,... for CTI,s product TRISENOX, in 2007 seeking $22.8...
(Date:11/19/2009)...rge their cell phones and other personal electroni...ade by UC San Diego engineers could lead to carbon... this. , In recent research, published in Appl...or in the UCSD Department of Mechanical and Aerosp...Hoefer, have found that artificially introduced de...
(Date:11/19/2009)...re/ -- Dr. Mate Hidvegi, inventor of Avemar fermen...e issued on November 17 by Biropharma Kft, discred...elf-serving statements about its U.S. competitor A...m his office in Budapest, Hungary: ,, "The Bir...ly to AveULTRA, www.aveultra.com , is misleadin...
(Date:11/19/2009)...e-FirstCall/ -- Spherix Incorporated (Nasdaq: SPE...erapy, and a provider of technical and regulatory ...logy and pharmaceutical companies, today announced...olders. ,, At the meeting, shareholders of Sphe...owing members to the Board of Directors: ,, Do...
Breaking Biology Technology:Cell Therapeutics Wins Federal Appeal to Pursue $22.8 Million Claim Against The Lash Group 2Nanotube defects equal better energy and storage systems 2American BioSciences Rebuts Misleading Statements Made by Hungarian Competitor 2Spherix Announces Results of Annual Shareholders Meeting 2Spherix Announces Results of Annual Shareholders Meeting 3Spherix Announces Results of Annual Shareholders Meeting 4
...24 Today, Stallergenes,has been granted with the ...tisation tablet, Oralair(R) Grasses in adults, by ...h of the German health agency., Based on the posi...),Stallergenes will immediately apply for a paedia...llergenes will launch Oralair(R) Grasses in the ad...
...ing and business etiquette tips via live, interact...A CRUZ, Calif., June 24 Bio Career Center has,dev...o enhance their skills,and knowledge while meeting...inar Program -- a dual-purpose service that,provid..., and vice versa,while giving life science Ph.D.,s...
...ardium Therapeutics,(Amex: CXM ) announced today ...sell Microcap Index, according to the preliminary ... Group. The 2008 reconstitution of the,Russell Ind...e 27, 2008., (Logo: http://www.newscom.com/cgi-b...tion of Russell,s U.S. indices captures the 4,000,...
Other Biology Technology:Stallergenes : Sublingual Desensitisation Tablets Oralair Grasses Approved in Germany 2Stallergenes : Sublingual Desensitisation Tablets Oralair Grasses Approved in Germany 3Online Career Tool Offers Live 'Expert Advice' Component 2Cardium Selected for Inclusion in Russell Microcap Index 2Cardium Selected for Inclusion in Russell Microcap Index 3Cardium Selected for Inclusion in Russell Microcap Index 4
(Date:11/20/2009)...udies about the health benefits of having a life p...vel, where amino acids known as cysteines are much...aired up with other cysteines. , Now, researcher...gues in Belgium, have discovered a new antioxidant...ch appears in the Nov. 20 issue of the journal Sc...
(Date:11/20/2009)...cientists from the Marine Biogeochemistry and Geol...Laboratory (NRL) organized and led a team of unive...ition to initiate methane hydrate exploration in t...n of sediment contribution to Arctic climate chang... Sea as a research platform, three cross-shelf tra...
(Date:11/20/2009)...cterial gene into yeast, researchers from Delft Un... three improvements in bioethanol production from ...cetate and elimination of the major by-product gly...e scientific journal Applied and Environmental Mi... by the yeast Saccharomyces cerevisiae from sugars...
Breaking Biology News(10 mins):Saving the single cysteine: New antioxidant system found 2International expedition investigates climate change, alternative fuels in Arctic 2Delft breakthrough in bioethanol production from agricultural waste 2New Medical Imaging Organization Launched to Represent Industry Personnel and Diagnostic Clinics 51599 1New Medical Imaging Organization Launched to Represent Industry Personnel and Diagnostic Clinics 51599 2Significant Milestone Marks the Beginning of FDA Authorized Breast Cancer Trial 13016 1Significant Milestone Marks the Beginning of FDA Authorized Breast Cancer Trial 13016 2Significant Milestone Marks the Beginning of FDA Authorized Breast Cancer Trial 13016 3Inspiration Biopharmaceuticals Presents Safety Data on IB1001 a Novel Recombinant Factor IX for the Treatment of Hemophilia at the International Soci 13015 1Inspiration Biopharmaceuticals Presents Safety Data on IB1001 a Novel Recombinant Factor IX for the Treatment of Hemophilia at the International Soci 13015 2
...e, healthy neurological function hinges on the eff...via the synapse. , Figuring out how the synapse t...transmission -- is crucial to understanding the fu... a team led by researchers at Weill Cornell Medica...ew piece to that puzzle. , Their findings, publis...
... potent greenhouse gas, is emitted in great quanti... Santa Barbara. About half of these bubbles dissol...methane remains uncertain. Researchers at the Univ...d that only one percent of this dissolved methane ...atmosphere. , Coal Oil Point (COP), one of the wo...
...he Baby Jesus, was given its name because it gener...oasts. This expression of climatic variability, al...lts from a series of interactions between the atmo...in areas that normally receive abundant rain and, ...rid desert zones. Scientists term this phenomenon ...
Other Biology News:A key enzyme helps keep the synapse on track 2A key enzyme helps keep the synapse on track 3Scientists find good news about methane bubbling up from the ocean floor 2El Niño affected by global warming 2El Niño affected by global warming 3
Mouse Anti-Human UGT2B10 Monoclonal Antibody, Unconjugated, Clone 2D9 from Novus Biologicals
Mouse Anti-Human COASY Polyclonal Antibody, Unconjugated from Abnova Corporation
...ep 2-D starter kit is intended for first-time user...s. The kit includes a protein sample and reagents ...cond-dimension gels six 17 cm, ten 11 cm, or sixte...ps and precast SDS-PAGE gels and gels stains are n...
Rabbit Anti-Lipid Phosphate Phosphatase 2 (LPP2) Antibody, Unconjugated from Sigma-Aldrich
Biology Products: