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American Standard forming medical products group with Incstar, Sorin European Diagnostics buys.

This article was originally published in The Gray Sheet

Executive Summary

INCSTAR COMBINATION WITH AMERICAN STANDARD'S SIENNA BIOTECH will accelerate commercialization of diagnostic tests based on Sienna's Copalis (coupled particle light scattering) technology. Incstar announced Jan. 24 that it has signed a memorandum of understanding to merge with American Standard. Upon completion of the deal, Incstar would combine with American Standard's wholly-owned subsidiaries Sienna Biotech and diagnostic laser manufacturer Alimenterics to create a Medical Systems Group within American Standard.
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