Navigation Links
Hologic Completes Acquisition Of Gen-Probe
Date:8/1/2012

BEDFORD, Mass., Aug. 1, 2012 /PRNewswire/ -- Hologic, Inc. (NASDAQ: HOLX) ("Hologic") today announced that it has successfully completed its acquisition of Gen-Probe Incorporated ("Gen-Probe"), for a total net purchase price of approximately $3.8 billion. Gen-Probe is now a wholly-owned subsidiary of Hologic.

Rob Cascella, President and Chief Executive Officer of Hologic said, "We are pleased to complete this acquisition and welcome Gen-Probe into the Hologic family. I am excited to work with Carl Hull to capitalize on the many opportunities ahead for our Diagnostics business and for our company. With Gen-Probe's suite of technologies, Hologic is now firmly established as a premier provider of diagnostic solutions. We are poised to leverage our established global infrastructure with an impressive new product pipeline, and to capitalize on the fast-growing molecular diagnostics market. We are committed to a seamless integration of Gen-Probe and look forward to delivering on the synergies and growth potential presented by this combination."As previously announced, the transaction delivers a strong growth profile with attractive economics and is expected to be $0.20 accretive to Hologic's non-GAAP adjusted earnings per share in fiscal 2013 and significantly more accretive on a non-GAAP basis thereafter. Hologic also expects the transaction to accelerate growth rates. The combined company expects to realize approximately $75 million in cost synergies within three years following the close of the transaction. In addition, the combined company expects to have strong free cash flows, which will be used primarily to reduce debt with the expectation to return to pre-transaction leverage levels within three years.

The closing follows the receipt of all necessary regulatory approvals, and approval of the transaction by Gen-Probe shareholders on July 31, 2012. Pursuant to th
'/>"/>

SOURCE Hologic, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Gen-Probe Incorporated in Connection with the Sale of the Company to Hologic, Inc.
2. Hologic to Release Third Quarter Fiscal 2012 Operating Results on Monday, July 30, 2012
3. Hologic Breast Tomosynthesis (3D Mammography) System Places First in KLAS Annual Survey of Mammography Equipment Users
4. Hologic, Inc. Announces Note Offering
5. Hologic And Gen-Probe Provide Update On Pending Transaction
6. Hologic and Gen-Probe Announce Clearance from German Federal Cartel Office for Hologics Acquisition of Gen-Probe
7. Hologic Human Papillomavirus (HPV) High-Risk Test Approved for Use in The Netherlands Population Cervical Screening Programme
8. Hologic Announces Pricing Of Financing In Connection With Acquisition Of Gen-Probe
9. Hologic Announces Third Quarter Fiscal 2012 Operating Results
10. HeartWare Completes Enrollment In 450-Patient Pivotal Destination Therapy Clinical Trial
11. Novelos Therapeutics Successfully Completes First Cohort In Phase 1b Solid Tumor Trial With I-131-CLR1404 (HOT) Cancer-Targeted Molecular Radiotherapeutic
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/6/2015)... 6, 2015  Impax Laboratories, Inc. (NASDAQ: IPXL ... second quarter 2015 financial results on Monday, August 10, ... markets. The Company will host a conference call and ... Eastern Time on August 10, 2015. The ... the Investor Relations section of the Company,s Web site ...
(Date:7/6/2015)... HORSHAM, Pa. , July 6, 2015 /PRNewswire/ ... procedure-based, bone fixation concept the FlowerCube™, announced today ... approval opens the opportunity for significant expansion of ...   The approval encompasses Flower Orthopedics, ... fixation solutions for upper and lower extremities. Consisting ...
(Date:7/6/2015)... NEWTOWN, Pa. , July 6, 2015 /PRNewswire/ ... services and technology provider, today announced that it ... retention firm, MediciGroup ® , Inc. (Medici).  The ... Access to Patients, LLC.  Medici also provides a ... finds missing patients globally.  Together with Medici, ...
Breaking Medicine Technology:Impax to Report Second Quarter 2015 Results on August 10, 2015 2Flower Orthopedics cleared to enter the European Union 2BioClinica Acquires MediciGroup 2BioClinica Acquires MediciGroup 3
... presented this week at the International Federation of Clinical ... lower diagnostic threshold for troponin improves clinical outcomes and ...  Troponin is a protein found inside of heart cells ... or reduced blood supply.   Cardiac troponin ...
... Neuro Kinetics, Inc. (NKI) ( www.neuro-kinetics.com ), ... for neuro-physiologic, neuro-otologic, vestibular and neurological testing, said ... its VEST™ control and analysis software. ... software to conduct vestibular, oculomotor and optokinetic tests ...
Cached Medicine Technology:Study Shows Improved Patient Management and Outcome Using Abbott's Sensitive Troponin Assay 2Study Shows Improved Patient Management and Outcome Using Abbott's Sensitive Troponin Assay 3Study Shows Improved Patient Management and Outcome Using Abbott's Sensitive Troponin Assay 4Neuro Kinetics Releases Updated Version of Neuro-Otologic Control and Analysis Software 2
(Date:7/6/2015)... (PRWEB) , ... July 06, 2015 , ... ... System that eliminates 100% of all acids, chemicals and impurities; it also properly ... drinking water because it contains harmful contaminants.  These harmful contaminants are a byproduct ...
(Date:7/6/2015)... ... July 06, 2015 , ... On June 22, 2015, Fox News in a report titled “ Female Hair Loss ... turn age 35 a quarter of all women in the U.S. will suffer from thinning ... stigmatized and rarely discussed. One woman, a former beauty queen, who was interviewed for the ...
(Date:7/6/2015)... Virginia Beach, Virginia (PRWEB) , ... July 06, ... ... United States choose fat-reduction procedures each year for aesthetic reasons, which is why ... the country. For a particular demographic, however, fat reduction has become more than ...
(Date:7/6/2015)... (PRWEB) , ... July 06, 2015 , ... doTERRA, the ... to its executive management team. Most recently, Jowers held the position as Director of ... years. , After spending a decade building the institute, Jowers states that he was ...
(Date:7/6/2015)... ... July 06, 2015 , ... Health care systems and ... of the medical field to access and use this “Big Data” to improve health ... and Chief Executive Officer of the Mount Sinai Health System in New York City. ...
Breaking Medicine News(10 mins):Health News:Pristine Water Filters.com Offers The 1st Water Revival System That Re-Mineralizes Drinking Water and Eliminates All Impurities and Chemicals 2Health News:The Stigma of Female Hair Loss and Hair Restoration Solutions 2Health News:Learn How CoolSculpting® and Liposuction in Virginia Beach Help Military Members Stay the Course 2Health News:Learn How CoolSculpting® and Liposuction in Virginia Beach Help Military Members Stay the Course 3Health News:doTERRA Welcomes Kirk Jowers to Its Executive Team 2Health News:doTERRA Welcomes Kirk Jowers to Its Executive Team 3Health News:doTERRA Welcomes Kirk Jowers to Its Executive Team 4Health News:Mount Sinai CEO Kenneth L. Davis, MD: Our Ability to Access Information in Real Time to Prevent Disease is Drawing Closer 2Health News:Mount Sinai CEO Kenneth L. Davis, MD: Our Ability to Access Information in Real Time to Prevent Disease is Drawing Closer 3Health News:Mount Sinai CEO Kenneth L. Davis, MD: Our Ability to Access Information in Real Time to Prevent Disease is Drawing Closer 4Health News:Mount Sinai CEO Kenneth L. Davis, MD: Our Ability to Access Information in Real Time to Prevent Disease is Drawing Closer 5
... professor of psychology Dolores Albarracn and her colleagues at ... Department in Florida found a method to increase enrollment ... study, which appeared this month in the journal ... introduction to a counseling session, public health institutions could ...
... in the field of neurocritical care will gather for ... on Sept. 12 and 13 in the Renaissance Cleveland ... is hosted by University Hospitals Case Medical Center and ... care is devoted to the comprehensive care of critically ...
... ST. LOUIS, Sept. 4 SAFC Pharma(TM), a ... of the,Sigma-Aldrich(R) Group (Nasdaq: SIAL ), today ... to its Madison (Wisconsin) facility,designed to significantly increase ... Pharmaceutical Ingredients (HPAPIs). The investment,includes the purchase of ...
... Pressure, ORLANDO, Fla., Sept. 3 Statistics show that ... but that data doesn,t sit,well with the people of Central ... Mayor Buddy Dyer was joined by dozens of,community and business ... promote healthier outcomes for Central Floridians and issue a,challenge for ...
... HHS Secretary Mike,Leavitt today welcomed 11 more community ... health care system where consumers, providers,and payers make ... care., These communities will join 14 others ... health care providers, employers,insurers, and consumers working jointly ...
... risk of aggressive disease , , WEDNESDAY, Sept. 3 (HealthDay ... the high end of the normal range are three ... new report shows. , The results suggest the possibility ... researchers said. But one expert cautioned against reading too ...
Cached Medicine News:Health News:Neutral HIV presentations more likely to be considered inviting, study finds 2Health News:'Getting better' conference to address developments in neurocritical care 2Health News:SAFC Pharma(TM) Commits to Major Expansion of High Potency API Production at Madison Site 2Health News:SAFC Pharma(TM) Commits to Major Expansion of High Potency API Production at Madison Site 3Health News:Mayor Issues Million Resident Challenge To Educate Central Florida About Blood Pressure 2Health News:Mayor Issues Million Resident Challenge To Educate Central Florida About Blood Pressure 3Health News:Mayor Issues Million Resident Challenge To Educate Central Florida About Blood Pressure 4Health News:Mayor Issues Million Resident Challenge To Educate Central Florida About Blood Pressure 5Health News:Mayor Issues Million Resident Challenge To Educate Central Florida About Blood Pressure 6Health News:HHS Designates 11 Communities Working to Improve Quality and Value of Health Care As Chartered Value Exchanges 2Health News:HHS Designates 11 Communities Working to Improve Quality and Value of Health Care As Chartered Value Exchanges 3Health News:Study Links Serum Calcium, Prostate Cancer Death 2Health News:Study Links Serum Calcium, Prostate Cancer Death 3
VG1 ALIF (Anterior Lateral) Anterior lumbar interbody fusion. Frozen freeze-dried preservation....
Allograft implants can be easily used to repair and promote the healing of a wide variety of bone and other tissue defects....
Allograft implants can be easily used to repair and promote the healing of a wide variety of bone and other tissue defects....
Duet Lumbar Allografts are comprised of a raised cancellous inner core providing biomechanical properties for rapid healing. Specially designed instruments facilitate the insertion of Duet Allografts...
Medicine Products: