PerkinElmer (NYSE:PKI) inked a deal today to acquire Euroimmun Medical Laboratory Diagnostics for $1.3 billion in cash. The move is an effort to expand into autoimmune and allergy diagnostic markets, according to the scientific instruments-maker.
Germany-based Euroimmun has 2,400 employees and is expected to bring in $310 million in revenue this year.
Get the full story at our sister site, Drug Delivery Business News.
The post PerkinElmer to buy Euroimmun in $1.3B deal appeared first on MassDevice.
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