Medical and industrial products manufacturer Danaher Corp. is acquiring publicly traded IRIS International Inc. (body fluid analysis, sample processing, and early disease detection) for $352mm, or $19.50 per share (a 51% premium). (Sep.)
Deals Shaping The Medical Industry, October 2012
The Dealmaking column is a survey of recent transactions, including strategic alliances, mergers & acquisitions, and financings, in the life sciences industries. Deals are listed by the following industry sectors: in vitro diagnostics, medical devices, pharmaceuticals, and research/analytical instrumentation and reagents. All transactions are excerpted from Elsevier's Strategic Transactions database, providing comprehensive transaction coverage from 1991 to the present.