Deals Shaping The Medical Industry, September 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.

Endo International PLC (branded and generic drugs, devices, and services) has sold its uropathology business HealthTronics Laboratory Solutions Inc. (HLS) to cancer diagnostics firm Metamark Genetics Inc. (Aug.)

HLS’s offerings include the SimplifID prostate biopsy kit, FISH molecular cytology tests for bladder cancer, triple stain immunohistochemistry services, and other uropathology products. With path labs located in Georgia and Pennsylvania, and client practices in 41 states across the US, HLS has the wide market reach that Metamark is looking for as it continues to develop and prepares to launch its ProMark genomic- and proteomic-based prostate cancer test later this year. Endo acquired HLS’ parent HealthTronics Inc

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