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Instrumentation Laboratory Achieves Record Sales in 2010
Date:3/22/2011

BEDFORD, Mass., March 22, 2011 /PRNewswire/ -- Instrumentation Laboratory (IL) today announced total worldwide sales in 2010 of Euro 474.2 million ($644.9 million US). This represents 11.5% growth v. previous year in current, and 10.3% in local currencies.  In the Company's two major business segments, Critical Care and Hemostasis Diagnostics, worldwide growth in current currencies was 13% (11.9% in local currencies) and 9.7% (8.9% in local currencies), respectively.  

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"We continued our robust growth trajectory in 2010, despite continued economic pressure in the healthcare industry," said Josep Manent, Chief Executive Officer at IL.  "Our products offer customers tremendous time-and cost-efficiencies, key benefits in these times of reduced hospital budgets and staff."  

Innovative new product offerings drove growth on both the Hemostasis and Critical Care sides of the business.  

In 2010, the Company launched the ACL TOP® 700 and ACL TOP 700 CTS Hemostasis Testing Systems.  These analyzers joined other members of the ACL TOP Family, including the ACL TOP 700 LAS and ACL TOP 500 CTS, to offer hemostasis laboratories "Testing Process Automation" and complete standardization.  Additionally, the new ACL AcuStar™ system, the first automated, random-access chemiluminescent analyzer dedicated to Hemostasis specialty testing, was launched in Europe.  It is exceptionally easy to use and offers maximum efficiency.  

For the past eight years, the comprehensive HemosIL® line of reagents has consistently dominated the market with the most sophisticated assays for the diagnosis management and monitoring of Hemostasis disorders.  IL continued this trend in 2010 with double digit growth in all key areas, most notably, with D-Dimer and specialty assays, such as Thrombophilia Screening and Bleeding Disorders reagents.
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SOURCE Instrumentation Laboratory
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