Anatomic Pathology in China Is a Booming Growth Industry

Shortage of pathologists only adds to the challenges of providing high quality anatomic pathology testing services DATELINE: Hangzhou, China—More than 1,200 Chinese pathologists and medical laboratory scientists assembled this weekend in a city marked by 1,500 years of history. The occasion was the first-ever combined meeting of the Chinese Society of Pathology and the Pathology Branch of the Chinese Medical Association. Across the globe, pathologists and clinical laboratory professionals...

Thermo Fisher Trumped by Merck KGaA’s $7.2 Billion Bid to Acquire Millipore

Clinical Pathology Laboratory Customers of Millipore Not Likely to See Many Changes It only took a few days for Millipore Corporation (NYSE: MIL) to find a buyer willing to outbid Thermo Fisher Scientific Inc. (NYSE: TMO). Millipore agreed to be acquired by Merck KGaA (FWB: MRK) of Darmstadt, Germany. Merck will pay about $7.2 billion for Millipore, which tops a reported bid of $6 billion made by Thermo Fisher last week. Because many clinical pathology laboratories use Millipore’s water...

Thermo Fisher Offers $6 Billion to Acquire Millipore

Both companies are important suppliers to clinical laboratories and research labs In recent days, news surfaced that Thermo Fisher Scientific Inc. (NYSE: TMO) was offering $6 billion to acquire Millipore Corporation (NYSE:MIL). Neither company has confirmed the offer, but yesterday Millipore issued a statement that its Directors were “evaluating strategic options.” Should Thermo Fisher acquire Millipore, or should Millipore find another buyer, it will mean the same thing: more...
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