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Inverness buys Panbio for $37mm

Oct 2007

Executive Summary

Inverness Medical Innovations has acquired all outstanding shares of infectious disease diagnostics firm Panbio Ltd. for $37mm ($A41mm) in cash, paying $0.58 per share (a 4% premium).
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Full Acquisition
    • Intra-Biotech Deal

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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

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