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Shield acquires two UK laboratory companies:

This article was originally published in Clinica

Executive Summary

Scotland-based Shield Diagnostics has purchased two UK laboratory companies - Guardian Laboratories and Plasmatec Laboratory Products - for an initial price of £701,500 ($428,000) paid for in cash and shares. Following the acquisitions Shield merged the two companies. A deferred consideration will be payable depending on the profits of the new joint business to be conducted through Plasmatec. The two acquired companies are active in infectious disease.

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