Mar 31, 2011 | Laboratory News, Laboratory Pathology
Conference on May 5 about clinical laboratory and pathology mergers and acquisitions For owners and sellers of clinical laboratories and anatomic pathology groups in the United States, the past six months have been rosy times. That’s because buyers have stepped up and paid strong prices for the medical laboratory companies and pathology testing firms that came to market during this time. Experts predict that merger and acquisition (M&A) activity in the clinical laboratory industry will...
Jan 17, 2011 | Laboratory News, Laboratory Pathology
This Medical Laboratory Acquisition Positions Sonic in Nation’s Largest Lab Testing Market Sonic Healthcare, Ltd. (ASX: SHL) acquired Physicians Automated Laboratory, Inc., (PAL) of Bakersfield, California, in a transaction that closed December 31, 2010. With this acquisition, Sonic Healthcare gains its first medical laboratory in California—the nation’s largest and most competitive market for clinical laboratory testing services. Physicians Automated Laboratory was founded in 1967. It employs...