Medtech Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Quest Diagnostics/SmithKline Beecham

This article was originally published in The Gray Sheet

Executive Summary

Quest's acquisition of SB's clinical laboratory operations did not close on July 2, as had been previously expected, due to difficulties in finalizing an ancillary contract referred to as the definitive data access agreement. "The parties have been unable to agree on the extent to which SmithKline Beecham would have the right to commercialize information products utilizing Quest Diagnostics' laboratory data," according to a July 1 release. Quest shareholders approved the transaction June 29; either party can terminate the purchase agreement after Sept. 30, 1999, if the transaction has not closed (1"The Gray Sheet" Feb. 15, p. 27)
Advertisement

Related Content

Advertisement
UsernamePublicRestriction

Register

MT012040

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel