Navigation Links
Hologic Acquires TCT International Co. Ltd., a Leading Distributor of Medical Products in China
Date:6/1/2011

ployees when I say we are excited about the opportunity to be a part of the Hologic team."

The purchase price for the transaction is $135 million in cash (of which $35 million is deferred for one year), plus a two-year contingent earn out. The earn out will be payable in cash installments equal to a multiple of the incremental revenue growth in TCT's business. The total purchase price is subject to adjustment and a maximum threshold.

Financial Impact of Transaction:

In Fiscal 2011, Hologic expects this transaction to generate incremental revenues of approximately $10 million and to be accretive to earnings, absent the amortization of intangibles related to the transaction and other acquisition-related charges.

Rob Cascella further stated, "Our tuck-in acquisition strategy coupled with expanding our international presence in key markets is an important part of our five-year goal to extend our global leadership position and achieve double-digit revenues and earnings growth. We are extremely excited with this opportunity to expand our presence in China."

About Hologic, Inc.

Hologic, Inc. is a leading developer, manufacturer and supplier of premium diagnostics products, medical imaging systems and surgical products dedicated to serving the healthcare needs of women. Hologic's core business units are focused on breast health, diagnostics, GYN surgical, and skeletal health. Hologic provides a comprehensive suite of technologies with products for mammography and breast biopsy, radiation treatment for early-stage breast cancer, cervical cancer screening, treatment for menorrhagia and uterine fibroids, permanent contraception, osteoporosis assessment, preterm birth risk assessment, mini C-arm for extremity imaging and molecular diagnostic products including HPV and reagents for a variety of DNA and RNA analysis applications. For more information, visit www.hologic.com.

<
'/>"/>
SOURCE Hologic, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Three Year Analysis of Treatment Efficacy, Cosmesis, and Toxicity Support use of the Hologic Mammosite Radiation Therapy System
2. ALS Therapy Development Institute Partners with Clinical Centers to Establish Pathological Mechanisms of Lou Gehrigs Disease
3. Hologic Releases the Results of the Cervista(TM) HPV Clinical Trials
4. Paclitaxel Poliglumex (OPAXIO(TM)) Added to Cisplatin and Radiation Produces 45% Pathologic Complete Remissions in Patients With Esophageal Cancer
5. Clinical and Histopathological Results Using Pollogens TriPollar(TM) Radio Frequency Technology Published in the June Issue of the Journal of Cosmetic and Laser Therapy
6. Hologic Receives CE Marking for the ThinPrep(R) Integrated Imager
7. OPAXIO Produces High Rates of Pathologic Complete Remission in Patients with Advanced Esophageal Cancer; Study Paves Way for Potential Registration Trial as Radiation Sensitizer
8. Hologic Expands Healthcare Investment in Asia
9. Hologic to Host Investor Reception at RSNA 2009
10. Hologic to Present at Citis 2009 Sixth Annual Small/Mid Cap Conference
11. Hologic Announces Fourth Quarter and Fiscal 2009 Operating Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/29/2015)... May 29, 2015  Excite Medical was established by ... the years, Excite Medical, under the leadership of ... company, with a solid track record of providing unparalleled ... and distributor base.  Photo - ... Medical has been possible, in large part, due to ...
(Date:5/29/2015)... , May 28, 2015 Research and Markets ... "North America MRI Market - Growth, Trends And ... The North American MRI systems market is ... 2014 to $1.58 billion by 2020 with a CAGR ... of three types namely, the open system, closed system ...
(Date:5/29/2015)... , May 29, 2015 A six-hour certification program ... being presented at the Cannabis World Congress & Business ... New York, NY .  Taking place on Wednesday, June ... day of education at the leading event on the East ... Led by Clover Leaf University, the first cannabis university ...
Breaking Medicine Technology:North America MRI Market - Growth, Trends And Forecasts 2014-2019 with GE, Hitachi Medical, Philips Healthcare, Siemens Healthcare & Toshiba Medical Systems Dominating 2Cannabis Business Certification and Career Workshops Presented at New York Trade Show & Conference 2Cannabis Business Certification and Career Workshops Presented at New York Trade Show & Conference 3Cannabis Business Certification and Career Workshops Presented at New York Trade Show & Conference 4
... 6, 2012 HeartWare International, Inc. (NASDAQ: HTWR, ASX:HIN) ... results for the three and 12 months ended December ... on Thursday, February 16, 2012 (being midnight Australian Eastern ... The Company plans to release the financial results prior ...
... GRAND RAPIDS, Mich., Feb. 6, 2012  A recent discovery ... prediction of patient sensitivity to proposed drug therapies for ... brain tumor in humans. The study, published ... National Academy of Science , investigated glioblastoma models ...
Cached Medicine Technology:HeartWare Schedules Fourth Quarter Conference Call and Webcast 2Discovery Predicts Patient Sensitivity to Important Drug Target in Deadly Brain Cancer 2
(Date:5/29/2015)... Displays and Exhibits’ has recently aligned with a new hanging ... signs ; making what was formerly an elite expensive ... points at a usual height of 16’-20’ are easily seen ... are very unique and more visible than the largest exhibits. ... labor and rigging the costs far outweigh the benefit of ...
(Date:5/29/2015)... Denver, CO (PRWEB) May 29, 2015 ... video from The Denver Foundation, community comes together to ... lead, to build neighborhoods and awareness of critical issues. ... in Metro Denver and beyond. , "What Community Does" ... oldest community foundation in Colorado, and released during the ...
(Date:5/29/2015)... May 29, 2015 John A. Gennaro, ... Cincinnati , The Department of Veterans Affairs (VA) is ... as the new director of the Cincinnati VA Medical ... to more than 43,000 unique Veterans annually and an ... 2,000 staff, CVAMC is a two-division campus located in ...
(Date:5/29/2015)... 2015 Dot Hill can mark one more item ... Lake Prince Woods retirement community is the oldest woman ... Virginia. , “It was great fun!”, she exclaimed. “I’ve always ... me to so they thought this would be ok.” , “We ... vertical wind tunnel,” she described. “I don’t remember it being ...
(Date:5/29/2015)... Jan Wooden Howse lost her husband and her son, yet ... does no wrong. , It’s fitting, then, that her new ... “God Does No Wrong.” It focuses on what happens when ... , “My story has a positive message about channeling the ... something healing,” Howse said. , “God Does No Wrong” immortalizes ...
Breaking Medicine News(10 mins):Health News:Displays and Exhibits Announces New Hanging Sign Supplier 2Health News:What Community Does: A New Video from The Denver Foundation 2Health News:VA Healthcare System of Ohio Network Announces New Medical Center Director 2Health News:Indoor Skydiving Brings Thrills to Seniors 2Health News:Turning grief from a child’s passing into virtue 2
... Briefing Reveals Majority of New Kidney Failure Cases Consistently ... -WASHINGTON, March 11 Kidney Care Partners (KCP) ... care providers and manufacturers working together to improve the ... kidney failure -- in partnership with the National Minority ...
... Covenants reset for 2008 and 2009TUCSON, Ariz., March 11 ... ) today announced it has signed an amended credit ... $173 million senior term loan. The agreement is ... of 2008 and for 2009. The amendment provides ...
... It signals danger independently of stomach fat, researchers report ... shirt collar might be an indicator of future heart ... long measured fat in the gut -- visceral adipose ... assess the risk of cardiovascular disease. But fat in ...
... M.D., director of the Agency for Healthcare Research and Quality, ... U.S. Preventive Services Task Force. Susan Curry, Ph.D., of ... Nicholson, M.D., M.P.H., M.B.A., of Baltimore will join the Task ... Force, which is sponsored by AHRQ, consists of 16 health ...
... its 40th year, gets high marks from clients for past work ... including an overall performance rating of 91 out of 100. ... ... leading innovator in performance improvement solutions and collaboration methods – Interaction ...
... no benefit for brain-wasting disorders such as Creutzfeldt-Jakob ... quinacrine doesn,t prolong survival of patients with brain-wasting prion ... , Currently, there is no way to prevent or ... an oral drug used to treat malaria and some ...
Cached Medicine News:Health News:Kidney Care Partners and National Minority Quality Forum Call for Prevention Programs in Disease 'Hot Spots' 2Health News:Kidney Care Partners and National Minority Quality Forum Call for Prevention Programs in Disease 'Hot Spots' 3Health News:The Providence Service Corporation Announces Credit Agreement Amendment With Its Lender Syndicate 2Health News:The Providence Service Corporation Announces Credit Agreement Amendment With Its Lender Syndicate 3Health News:Neck Fat a Measure of Heart Risk 2Health News:AHRQ Announces New Members of the U.S. Preventive Services Task Force 2Health News:Interaction Associates Gets Top Ratings in 3rd Party Client Survey 2
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: