Navigation Links
Escalon(R) Enhances Position Within IVD Reagent Market with Strategic Acquisition of JAS Diagnostics
Date:6/5/2008

WAYNE, Pa., June 5 /PRNewswire-FirstCall/ -- Escalon Medical Corp. (Nasdaq Capital Market: ESMC) announced today that on May 30, 2008 its wholly owned subsidiary, Drew Scientific, Inc. ("Drew") acquired JAS Diagnostics, Inc. ("JAS"). JAS is a privately-held manufacturer of class I and II in vitro diagnostics ("IVD") reagents that markets its products to physician, reference, hospital and veterinary laboratories throughout the world. JAS, based in Miami, Florida, generates annual revenues of approximately $2.0 million. Drew purchased 100% of the outstanding shares of JAS for approximately $1,200,000 in cash and $800,000 in notes payable.

"Consistent with our strategic objective to expand our presence in the reagent segment of the IVD market, we are pleased to announce the acquisition of JAS, a value-creating bolt-on acquisition that adds intangible assets to the Drew existing product line," said Richard J. DePiano Sr., Chairman and Chief Executive Officer. "JAS' strong customer relationships, well-respected product portfolio, and research and development competencies will be an excellent complement to our Drew business. While Drew is focused on the equipment side of the IVD business, JAS synergistically expands our current position into the clinical chemistry consumable market. We look forward to the JAS team becoming part of our organization and contributing to our future growth."

JAS was established in 2000 and specializes in the manufacture of a broad range of liquid stable, diagnostics chemistry reagents used in IVD tests. Many of these reagents are single vial stable, which offer ease of use, increased speed of results, and extended on-board stability, among other superior performance characteristics. JAS has CE marks for marketing for its products in Europe, along with ISO 9001 certification. JAS offers over 150 products and has obtained FDA 510(k) marketing clearance and CLIA classification for its manufactured products as required. Notabl
'/>"/>

SOURCE Escalon Medical Corp.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Escalon(R) Reports Financial Results for 2007 Fiscal Year
2. Escalon(R) Reports First Quarter Fiscal 2008 Results
3. Escalon(R) Announces FDA 510(K) Clearance for D3 Hematology System
4. Escalon(R) Announces Executive Promotions
5. Escalon(R) Announces China Registration for Sonomed PacScan(R) and E/Z-Scan(R) Series of A-scan, Pachymeter and B-Scan Systems
6. Creative Technology Services Enhances its Global Competitiveness with Additional Regulatory Certifications
7. American Heart Association Enhances eLearning for Emergency Cardiovascular Care (ECC)
8. Study finds limiting work hours for surgical residents enhances training
9. McGraw-Hill Professional Enhances Library Access to Medical and Engineering Resources
10. Sterling Life Enhances Marketing Operations Controls to Better Serve Medicare Beneficiaries
11. Creatine in addition to exercise enhances strength in older adults
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/2/2015)... , ... September 02, 2015 , ... ... combining both naturopathic and allopathic medicine, opens its second location this week at ... features roughly 1000 square feet of lounge space for patients to relax while ...
(Date:9/2/2015)... , ... September 02, 2015 ... ... nation’s largest and fastest-growing interim clinical staffing companies, has completed a recapitalization ... Group.         , BPOC and Heritage Group each offer extensive expertise ...
(Date:9/2/2015)... , ... September 02, 2015 , ... ... announced today. The two day international investment and business conference will be hosted ... 2015 in Beijing China. The full-weekend networking conference will feature leading EB-5 industry ...
(Date:9/2/2015)... ... September 02, 2015 , ... World Patent Marketing, a vertically ... safety invention that protects people from crime and other hostile situations. , "The ... CEO and Creative Director of World Patent Marketing. "The industry is growing at ...
(Date:9/2/2015)... ... September 02, 2015 , ... EDAC Systems, Inc., a leading ... and services to both government and commercial clients, today announced the release of ... IBM’s Datacap document capture platform. EDAC PurePAGE processes and enhances the images ...
Breaking Medicine News(10 mins):Health News:The Hydration Room Opens New Location In Laguna Beach, California 2Health News:The Hydration Room Opens New Location In Laguna Beach, California 3Health News:The Hydration Room Opens New Location In Laguna Beach, California 4Health News:Medical Solutions Completes Recapitalization with Beecken Petty O’Keefe & Company and Heritage Group 2Health News:Medical Solutions Completes Recapitalization with Beecken Petty O’Keefe & Company and Heritage Group 3Health News:Medical Solutions Completes Recapitalization with Beecken Petty O’Keefe & Company and Heritage Group 4Health News:The 2015 China Overseas Investment and Entrepreneurship Summit (COIES) Announced 2Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 2Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 3Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 4Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 5Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 6Health News:What Should You Be Watching As You Walk Alone At Night - World Patent Marketing's Hand Free Pocket Cop Invention 7Health News:EDAC Systems, Inc. announces a new version of its Image Enhancement and Image Re-Sizing utility EDAC’s PurePAGE® 2Health News:EDAC Systems, Inc. announces a new version of its Image Enhancement and Image Re-Sizing utility EDAC’s PurePAGE® 3
... the University of East Anglia have found that gold ... particles they say reveal the presence of poisons far ... back to a lab. This they hope would help ... led by Professor David Russell use of gold nanoparticles ...
... health care despite the fact that health care expenditure ... the results of a multi-national survey that was concluded ... that United States had spent $6,280 per capital on ... countries. ,US patients reported more diagnostic errors, ...
... out of 800 samples sent to a lab from ... for bird flu, official sources say.//, ,The samples ... sent till March 17 from Burhanpur, Barwani, Khargone, Jhabua, Balaghat, ... shadow of bird flu that broke out in Jalgaon district ...
... New Delhi. The Delhi High Court Monday issued notice ... Delhi government on a public interest litigation seeking legal// ... through a repeal of section 377 of the Indian ... is a criminal offence and punishable with imprisonment up ...
... Women approaching menopause are likely to face depression, says a ... treatment.//, ,Depression is a substantial illness with significant morbidity ... that can be managed, reports the health portal WebMd. , ... Massachusetts General Hospital studied 460 Boston women aged 36 to ...
... it has been found that if there is Intrahepatic cholestasis ... on.// ,This case control study was performed ... result. Intrahepatic cholestasis of pregnancy (ICP) is an itchy skin ... ,The study is published in the April 2006 issue ...
Cached Medicine News:Health News:Gold Nanoparticles Are Good Detectors Biological Toxins 2Health News:Intrahepatic cholestasis during pregnancy predisposes to later liver disease 2
(Date:9/2/2015)... Fla. , Sept. 2, 2015  Boca ... MD, FACS, has begun performing ultra-minimally invasive left ... are on anticoagulants such as Coumadin, Xarelto or ... Surgery at the Hospital, is one of a ... which involves making two microscopic incisions in order ...
(Date:9/2/2015)... -- Elekta, a global cancer management company, will ... 6:30-8:30 p.m., at Elekta,s North American headquarters in ... will feature Professional BMX athlete, Josh Perry , who ... Leksell Gamma Knife®, Elekta,s radiosurgery system for treating brain disorders. ... diagnosed in Georgia in 2015 and ...
(Date:9/2/2015)... -- According to a new market research ... Radiography, Ultrasound, Computed & Optical Coherence Tomography, MRI, PET/CT ... Neurology) - Global Forecast to 2020", the Global Veterinary ... by 2020 growing at a CAGR of 6.6% during ... 240 Tables and 44 F igures spread through ...
Breaking Medicine Technology:Boca Regional Introduces Ultra-Minimally Invasive Surgical Procedure for Atrial Fibrillation Patients 2Boca Regional Introduces Ultra-Minimally Invasive Surgical Procedure for Atrial Fibrillation Patients 3Elekta to Host Cancer Survivorship Event at Company's Learning and Innovation Center (LINC) in Atlanta 2Elekta to Host Cancer Survivorship Event at Company's Learning and Innovation Center (LINC) in Atlanta 3Veterinary Imaging Market Worth USD 2.8 Billion by 2020 2Veterinary Imaging Market Worth USD 2.8 Billion by 2020 3Veterinary Imaging Market Worth USD 2.8 Billion by 2020 4Veterinary Imaging Market Worth USD 2.8 Billion by 2020 5
... Dec. 23 Solos Endoscopy, Inc. (Pink Sheets: SNDY) ... its 2010 marketing strategy as developed by Advertising Associates ... will focus primarily on the MammoView(TM) line. The campaign ... development of a media-advertising program, production of booth displays ...
... , SAN FRANCISCO, Dec. 23 Jennerex Biotherapeutics, a ... virus therapeutics, today announced that management will present at the following ... Tuesday, January 12, 2010, 9:40 ... Francisco, OneMedForum 2010, Wednesday, January ...
Cached Medicine Technology:Solos Endoscopy, Inc. Outlines Marketing Strategy for 2010 Campaign 2
...
...
... At the entry-level, Philips Zymed 1810 Series ... preview, which gives the operator the flexibility ... complex arrhythmia. Choose an application beyond the ... flexibility. Select the interactive or automatic style ...
... Zymed 2010 plus Holter Software for ... application as easy to install, use ... data presentation as comprehensive as a ... superimposition, prospective paging and QuickScan, which ...
Medicine Products: