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Deals Shaping The Medical Industry, October 2013

Derived from Strategic Transactions, Elsevier Business Intelligence’s premium source for tracking life sciences deal activity, the Dealmaking column is a survey of recent health care transactions listed by relevant industry segment – In Vitro Diagnostics, Medical Devices, and Pharmaceuticals – and then categorized by type – Acquisition, Alliance, or Financing. This month’s column covers deals announced August through September 2013.

Leading diagnostics firm bioMerieux SA (a division of Institut Merieux) has agreed to acquire private US molecular biology specialist BioFire Diagnostics Inc. for $450mm in cash, plus the assumption of debt. (Sep.)

BioMerieux will fund the purchase through indebtedness. BioFire was founded as Idaho Technology in 1990 with rapid polymerase chain reaction technology from the University of Utah. It launched its...

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