Mon, 27 Dec 2010 | BUSINESS NEWS
A Scottish medical diagnostics company has announced plans to acquire an American chemical firm.
Axis-Shield, which is located in Dundee, will buy Washington-based Catch Incorporated's global clinical chemistry homocysteine business for around £6.3 million.
Axis has said that the decision to push ahead with the acquisition from its US partner was taken due to the positive impact it would have on the company. “The acquisition reinforces our leading position in homocysteine testing,” said the firm.
Homocysteine testing allows the amount of amino acids in the bloodstream to be measured and monitored and can help to assess whether a patient is at risk of a heart attack.
Alongside being one of the leading lights in the homocysteine testing arena, Axis-Shield has also created and developed test environments and systems for a range of ailments including septicaemia, diabetes and arthritis.
Axis-Shield’s chief executive, Ian Gilham, said, “The acquisition of this additional homocysteine measurement technology and business reinforces Axis-Shield's leading position in homocysteine testing and, importantly, significantly strengthens the patent protection of this important marker until 2019.
“We remain focused on the further growth of sales of homocysteine as the market dynamics move in favour of the more convenient clinical chemistry format for this analyte,” he added.
This innovative digital health and integrated care technology provider offers a unique suite of products designed to support the independent living of older people, using advanced IoT sensors and machine learning for effective falls detection and pre...
This construction services business in the Home Counties, South East, boasts a strong turnover and owns valuable assets, including plant, machinery, and intellectual property.
This is a rare opportunity to acquire Saxton, a leading UK premium B2C lifestyle gardening brand with a highly engaged customer base of approximately 300,000 individuals.
|
01
|
|
Jul
|
Fox Group acquires haulage firm in first Stellex-backed deal | BUSINESS SALE
Construction materials provider Fox Brothers Holdings has ac...
|
30
|
|
Jun
|
Specialist electronics manufacturer to be acquired in £20m deal | BUSINESS SALE
Landguard Nexus Limited, a specialist electrical and electro...
|
30
|
|
Jun
|
Modella price-chips WH Smith deal by at least 23 per cent | BUSINESS SALE
Back in March 2025, private investment form Modella Capital ...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.