Grifols SA (plasma therapies) acquired the transfusion diagnostics business of Novartis AG's Novartis Vaccines & Diagnostics Inc. for $1.7bn. Novartis’ companion diagnostics unit (part of its pharma operations) is not included, nor is its Genoptix laboratory testing division. (Nov.)
The divesture of the transfusion unit--which was gained through Novartis' acquisition of Chiron in 2006--will allow Novartis to focus on its core businesses. The transfusion business had 2012 sales of...
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