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Mergers and Acquisitions

Date: 2016-04-25

Type of information: Company acquisition

Acquired company: NTD (PerkinElmer’s U.S. prenatal screening laboratory services business) (USA - NY)

Acquiring company: Eurofins Scientific (Luxembourg)

Amount: undisclosed

Terms:

* On April 25, 2016,  Eurofins Scientific, a global leader in bio-analytical testing and genomic services, announced that it has acquired PerkinElmer’s U.S. prenatal screening laboratory services business PerkinElmer Labs/NTD.The acquisition of NTD strengthens Eurofins’ growing footprint in the genetics segment of the specialty clinical diagnostic testing market. NTD’s expertise in reproductive genetic testing is complementary to Eurofins’ position in expanded carrier testing capabilities, and expands Eurofins’ analytical portfolio for genetic disorders, established through the acquisition of Emory Genetics Laboratory in 2015, a joint venture with Emory University. The addition of NTD into Eurofins’ laboratory network further strengthens the Group’s pharmaceutical and clinical service offering and advances its development into a leading presence in the specialty clinical testing services for hospitals, clinicians and pharmaceutical companies.

Details:

Related:

Diagnostic

genomic testing

Is general: Yes