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MA Firm's Growth Reflects That of Point-of-Care Diagnostics
Today's Boston Globe has a piece about the rise of Inverness Medical Innovations, Inc. (Waltham, MA), which has made an incredible eight acquisitions so far this year, including yesterday's puchase of Cholestech Corp. for $326 million. Inverness is, among other things, the market leader in home pregnancy tests.
June 5, 2007
1 Min Read
(Cholestech's products measure cholesterol and other signs of heart disease.) As part of the drive to keep medical costs down, inexpensive point-of-care tests such as those made by Inverness can be a powerful tool. As demand for these tests rises, expect Inverness to become even more of a force.
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