Why Radiology Giants Siemens and General Electric Want to Integrate Imaging and In Vitro Diagnostics

Mar 6, 2007 | Laboratory News, Laboratory Operations, Laboratory Pathology

During the past 12 months, Siemens and General Electric each invested several billion dollars to acquire in vitro diagnostic (IVD) companies. Snatched up by Siemens were Diagnostic Products Corp. and Bayer Diagnostics. General Electric has signed an agreement to purchase Abbott Laboratories Diagnostics in a deal expected to close within the next month. By acquiring major IVD companies, both Siemens and General Electric have sent an unmistakable message. It is their expectation that the future...
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