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The 10 biggest events shaping biotech in 2006

announcements by both GE and Siemens were symbolic of this convergence, with the announcement of GE acquiring Abbott's in vitro diagnostics business for over $8 billion, and Siemens' acquisition of Bayer's diagnostics business and Diagnostics Products Corp. (in July, 2006) for 5.7 billion (about $7.35 billion), which sent shock waves through the industry.
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Source:wistechnology.com By Michael Rosen 01/29/07


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