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QIAGEN Acquires Comprehensive Portfolio of Molecular Food Safety Tests
Date:5/25/2010

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ifp will continue producing all existing and future tests as an independent entity in Berlin, Germany. The first test kits are expected to be available through QIAGEN in the 4th quarter, 2010. QIAGEN therefore expects a negative contribution by the transaction to the adjusted earnings per share for 2010 of approx. US$ 0.01. The company is assuming positive profit contributions for the subsequent years. Until 2012 the company plans to expand the portfolio to the full number of 70 tests.

About QIAGEN

QIAGEN N.V., a Netherlands holding company, is the leading global provider of sample and assay technologies. Sample technologies are used to isolate and process DNA, RNA and proteins from biological samples such as blood or tissue. Assay technologies are used to make these isolated biomolecules visible. QIAGEN has developed and markets sample and assay products as well as automated solutions for such consumables. The Company provides its products to molecular diagnostics laboratories, academic researchers, pharmaceutical and biotechnology companies, and applied testing customers for purposes such as forensics, animal or food testing and pharmaceutical process control. QIAGEN's assay technologies include one of the broadest panels of molecular diagnostic tests available worldwide. This panel includes the first FDA-approved test for human papillomavirus (HPV), the primary cause of cervical cancer. QIAGEN employs more than 3,500 people in over 30 locations worldwide. Further information about QIAGEN can be found at http://www.qiagen.com/<
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SOURCE Qiagen
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