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BioWorld - Sunday, February 8, 2026
Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Feb. 2, 2016

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Combined DX Sales to Exceed $7 Billion: Abbott makes noise with $5.8 billion Alere deal

After a relatively quiet 2015 on the deal front, Abbott Laboratories (Abbott Park, Ill.) made some noise Monday with a plan to acquire Alere Inc. (Waltham, Mass) for $5.8 billion. The news comes less than a week after CEO Miles White hinted on the company's earnings call that management had its eyes on "a number of opportunities" and that adding to the business with mergers and acquisitions was a key priority. Diagnostics is one of Abbott's most consistent growth businesses, White said. Read More

Inside the Beltway: Endoscope reprocessor firms win FDA seal of approval for validation

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Zeroing in on early stage European research, Index launches $250 million fund

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Extraordinary event: WHO declares Zika an international emergency as IVD makers deliver first tests

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Sage buy takes air out of S&N acquisition rumors: Stryker seeks Sage to tackle never events in $2.78 billion acquisition

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Financings: Acelity subsidiaries to offer $400M of notes

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Daily M&A: Mallinckrodt completes acquisition of three hemostasis brands

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Agreements/contracts: Trovagene, Fedmed to expand cancer monitoring program

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People in Places

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Briefly noted

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MDD's Cardilogy Extra

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