Wednesday, April 25, 2007

EU clears GE's buy of two Abbott diagnostics units

(Reuters) - GE said it would buy Abbott's primary in-vitro diagnostics, which involve routine laboratory tests, and its Point-of-Care diagnostics business -- tests done typically at a patient's bedside such as blood chemistry work.

Abbott's more profitable molecular diagnostics business, including sophisticated tests for bladder cancer and susceptibility to breast cancer, and its lucrative diabetes-care businesses, are not part of the transaction.


Read more at Reuters.com Government Filings News

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