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Wake-up Calls in IVD

Inverness Medical Innovations and Beckman Coulter are currently in a bidding war for Biosite and its point of care BNP test. The fight is just one example of the demand for innovative diagnostic test content. The recent upswing in IVD deal-making, along with renewed VC interest in diagnostics, suggests that the area's potential to drive health care innovation by directing therapy more efficiently is finally being recognized.

It’s good times for Biosite Inc. shareholders—and maybe, finally, for the diagnostics industry as a whole.

As IN VIVO goes to press, Inverness Medical Innovations Inc. is about to enter into discussions to buy Biosite for $90 per share in cash, topping the $1.55 billion, $85...

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