18.06.2008 05:00:00
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bioMerieux Increases its Lead in Microbiology with the Acquisition of the Swedish Diagnostics Specialist AB BIODISK
Regulatory News:
bioMérieux (Paris:BIM), a world leader in the
field of in vitro diagnostics has concluded an agreement to
acquire the privately held AB BIODISK, a Swedish in vitro
diagnostics company with facilities for research and development,
manufacturing and marketing located in Stockholm. This is bioMérieux’s
fourth acquisition in under two years.
Founded over 40 years ago, following research by Hans Ericsson,
Professor of Microbiology at the Karolinska Institute, the company is
internationally recognized for its antimicrobial resistance testing
range and particular expertise in susceptibility testing of fastidious
and unusual organisms. The company’s leading
product line, Etest®,
is used to determine the exact Minimum Inhibitory Concentration (MIC) of
antibiotics, antifungal agents and antimycobacterial agents.
Particularly rapid and easy to use it has become a reference in
microbiology laboratories, with over 100 antibiotics available in the
range.
The two companies have excellent commercial synergies. The AB BIODISK
product portfolio is very complementary to bioMérieux’s
culture media and automated VITEK®
range for antibiotic susceptibility testing. The addition of the Etest
will bring patients and customers a high medical-value test result for
critical infections and critical patient treatment, where a precise MIC
valuation is needed. The AB BIODISK product range will also be an asset
for use in pharmaceutical companies’ new drug
development, boosting bioMérieux’s
theranostics business.
AB BIODISK has 53 employees. The company’s
2007 sales were over 13 million euros and it is very profitable.
AB BIODISK products are mainly sold through distributors, with the
exception of Sweden and the U.S. where sales are direct. bioMérieux
will commercialize the company’s products
under the bioMérieux brand through its global
network in 150 countries, expanding their international footprint.
"For the past 18 months, bioMérieux
has been following an ambitious strategy in microbiology, building on
our leadership position with an enhanced portfolio of innovative
solutions to better serve our customers,” declared
Stéphane Bancel, Chief Executive Officer of
bioMérieux. "Etest
is a great brand and we are excited to welcome such a well-respected and
highly skilled team to our company,” he
added.
The details of the deal were not disclosed.
About bioMérieux Advancing Diagnostics to Improve Public Health
A world leader in the field of in vitro diagnostics for 45 years,
bioMérieux is present in more than 150
countries through 38 subsidiaries and a large network of distributors.
In 2007, revenues reached €1.063 billion with
84% of sales outside of France.
bioMérieux provides diagnostic solutions
(reagents, instruments, software) which determine the source of disease
and contamination to improve patient health and ensure consumer safety.
Its products are used for diagnosing infectious diseases and providing
high medical value results for cardiovascular emergencies and cancer
screening and monitoring. They are also used for detecting
microorganisms in agri-food, pharmaceutical and cosmetic products. bioMérieux
is listed on the NYSE Euronext Paris market (Code: BIM –
Code ISIN: FR0010096479). Other information can be found at www.biomerieux.com.
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