bioMerieux-Pierre Fabre Lives Up to Its Name

Only seven weeks after merging, French diagnostic-pharma company bioMerieux-Pierre Fabre is proposing to buy Organon Teknika's diagnostics business. The deal would combine two players with complementary, not overlapping, strengths in microbiology and infectious diseases. Under Dutch labor law, the proposal must be reviewed by Dutch employee groups and antitrust regulators before Organon Teknika's parent, Akzo Nobel NV, can formally accept it.

It hasn't taken bioMerieux-Pierre Fabre SAlong to act. Founders Alain Merieux and Pierre Fabre insisted when they agreed to merge their companies last fall that one of the key attractions would be to bolster bioMerieux's position in diagnostics and Pierre Fabre's in pharmaceuticals (see bioMerieux's and Pierre Fabre's Surprise, IN VIVO, October 2000 [A#2000800180 [See Deal]); in rapidly consolidating industries, both French companies were simply too small to be effective. Now, two months after the deal closed, the new company is proposing to pay $322 million for the clinical diagnostics businesses of Organon Teknika NV, the health care unit of Dutch conglomerate Akzo Nobel NV —roughly 1 1/4 times Organon's clinical diagnostics sales of $250 million.

The deal would combine two players with strong interests in microbiology and infectious disease testing—albeit with different strengths in each....

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on In Vivo for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Business Strategy

Late-Stage GLP-1 Drug Trials Outside The Cardiometabolic Space

 
• By 

A look at Novo Nordisk, Eli Lilly and other companies' late-stage clinical studies of GLP-1 drugs in indications ranging from neurodegeneration to oncology, and alcoholic liver disease to autoimmune conditions.

Rising Leaders 2025: Metsera’s Whit Bernard’s Musical Path To Biotech Leadership

 
• By 

Metsera CEO Whit Bernard applies an unconventional leadership philosophy to develop next-generation obesity therapeutics, including monthly GLP-1 injections and oral peptides.

AI In Drug Discovery: The Patent Implications

 
• By 

A Q&A with DeAnn Smith, partner and co-chair of the Patent Trial and Appeal Board Proceedings Practice Group at law firm Foley Hoag.

Is Advanced AI Revolutionizing Sales Enablement In Pharma?

 
• By 

Advanced AI is revolutionizing sales enablement by addressing training gaps and performance challenges. Used correctly, it can help to bridge the sales-marketing divide, accelerate ramp-up times and provide managers with data-driven insights.

More from In Vivo

AI In Health Delivery: Patients Most Confident When HCPs Are In Charge

 
• By 

Annual survey of patients and professionals shows how attitudes to health system transformation are evolving and what stakeholders are demanding as acceptance of AI tools accelerates.

Medtech Innovators Court London-Based Investors At BioWales 2025

 
• By 

BioWales in London 2025 showcased the efforts healthtech innovators are making to meet investors on their own turf, illustrating changing attitudes and evolving needs.

Rising Leaders 2025: Metsera’s Whit Bernard’s Musical Path To Biotech Leadership

 
• By 

Metsera CEO Whit Bernard applies an unconventional leadership philosophy to develop next-generation obesity therapeutics, including monthly GLP-1 injections and oral peptides.