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Sigma-Aldrich Completes Acquisition of BioReliance
Date:1/31/2012

development and manufacture of biological drugs. By leveraging SAFC's industrial media presence and BioReliance's biological testing services, we can provide new and better end-to-end product solutions and services to our biopharmaceutical customers. The alliance also provides an opportunity to leverage our CompoZr® zinc finger nuclease (ZFN) technology with BioReliance's Toxicology and Animal Health Services operations for the development of new assays, cell lines and animal models for the Research marketplace."

BioReliance generated revenues of approximately $110 million in the year ended December 31, 2010 with double-digit growth expected in 2011.  The acquisition is expected to be modestly accretive to Sigma-Aldrich's diluted earnings per share in 2012.  Sigma-Aldrich funded the acquisition with a combination of existing cash and credit facilities. 

Cautionary statement:  The foregoing release contains forward-looking statements that can be identified by terminology such as "opportunity to leverage", "expanding", "will", "enable", "expected" and variations of such words and similar expressions, or by expressed or implied discussions regarding potential future revenues, earnings and free cash flow from the acquisition of BioReliance.  You should not place undue reliance on these statements.  Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements.  There can be no guarantee that the acquisition of BioReliance will achieve any particular levels of revenue in the future.  In particular, management's expectations regarding the acquisition of BioReliance could be affected by, among other things, unexpected regulatory actions or delays or governme
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SOURCE Sigma-Aldrich Corporation
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