Navigation Links
Biosensors Completes Spectrum Dynamics Assets Acquisition
Date:5/26/2013

SINGAPORE, May 26, 2013 /PRNewswire/ --  Biosensors International Group, Ltd. ("Biosensors" or the "Company", Bloomberg: BIG SP; Reuters: BIOS.SI; SGX: B20), a developer, manufacturer and marketer of innovative medical devices, today announced the completion of its acquisition of substantially all assets of Spectrum Dynamics, a leader in advanced functional assessment technologies, including those used to evaluate patients for cardiac interventions.  

The deal consideration is approximately US$51 million, with potential earn-out payments upon fulfilling certain performance criteria. Under the terms of the deal, the two companies will also create a joint venture aimed at developing future non-cardiac applications. Biosensors expects the transaction to have minimal impact on its 2014 fiscal year financial results, with the potential to be moderately accretive to its earnings in the following fiscal year. 

"The capacity to uncover and diagnose reversible ischemia prior to catheterization with precision has turned into an essential issue in the treatment of cardiovascular disease. Spectrum Dynamics' advanced imaging systems will facilitate doctors to more effectively establish the appropriate course of treatment for their patients," said Prof. Shlomo Ben-Haim , Co-Founder and Chairman of Spectrum Dynamics. "Biosensors is one of the leading developers of drug-eluting stents. By becoming part of Biosensors' growing family, we hope to actively contribute towards its future growth potential by exploring more opportunities and applications together for better diagnostic solutions for patients."

Dr Jack Wang , CEO of Biosensors said, "We are pleased to have completed this acquisition. With substantially all assets of Spectrum Dynamics under the ownership and management of Biosensors, we are well-positioned to further increase our presence in the global
'/>"/>

SOURCE Biosensors International Group, Ltd.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Biosensors to Acquire Assets of Spectrum Dynamics
2. Frost & Sullivan Acknowledges that PKCs Biosensors are Expected to Become the New Industry Standard in Pathogen Testing
3. Biosensors Reports Financial Results for the Third Quarter of Fiscal Year 2013
4. Biosensors Reports Strong Sales and Profitability in the First Quarter of Fiscal Year 2013
5. MedVantx Achieves Significant Milestone of Managing $1.5B in Prescription Medications and Completes Facilities Expansion While Upgrading To Offer Current Good Manufacturer Practices (cGMP)-level Quality Systems in their Home Delivery Pharmacy
6. Upsher-Smith Successfully Completes Phase III Study Of USL255 (Extended-Release Topiramate) For Adjunctive Treatment Of Epilepsy In Patients With Refractory Partial-Onset Seizures
7. Edgemont Capital Completes Sale Of Vince & Associates Clinical Research
8. Cardica Completes Enrollment In European Clinical Trial For Surgical Cutting And Stapling Device
9. Kite Pharma Completes $35 Million Series A Preferred Stock Financing
10. Vertellus Specialties Completes Upgrades for API Niacin Manufacture
11. Haemonetics Completes Hemerus Medical, LLC Acquisition
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/20/2014)... , Oct. 20, 2014   Taiho ... Co., Ltd. ( Japan ), announced ... granted Fast Track designation for TAS-102 (nonproprietary names: ... drug under investigation for the treatment of refractory ... has initiated a rolling NDA submission to the ...
(Date:10/20/2014)... and RALEIGH, N.C., Oct. 20, 2014  BioPontis Alliance ... (HNF), both philanthropies, announced today the creation of ... the treatment of the rare disease known as ... announced its alliance model earlier this month. Today,s ... of a collaborative model where researchers and all ...
(Date:10/18/2014)... , Oct. 18, 2014  In a ... Rights Campaign (HRC), the nation,s largest lesbian, gay, ... endorsed the use of Truvada for Pre-Exposure Prophylaxis ... tool used to prevent the spread of a ... the only brand name anti-HIV drug combination currently ...
Breaking Medicine Technology:Taiho Oncology, Inc. Receives FDA Fast Track Designation for TAS-102 as a Potential Treatment for Refractory Metastatic Colorectal Cancer 2Taiho Oncology, Inc. Receives FDA Fast Track Designation for TAS-102 as a Potential Treatment for Refractory Metastatic Colorectal Cancer 3Taiho Oncology, Inc. Receives FDA Fast Track Designation for TAS-102 as a Potential Treatment for Refractory Metastatic Colorectal Cancer 4The Hereditary Neuropathy Foundation and BioPontis Alliance for Rare Disease Partner to Develop Treatments for Charcot-Marie-Tooth 2The Hereditary Neuropathy Foundation and BioPontis Alliance for Rare Disease Partner to Develop Treatments for Charcot-Marie-Tooth 3HRC Endorses PrEP, Calls for Bold Action to Expand Access to Anti-HIV Drug 2HRC Endorses PrEP, Calls for Bold Action to Expand Access to Anti-HIV Drug 3
... announces that a new market research report is ... Global Overview of Herbal/Traditional Products ... for "safer and natural" options remains strong in ... of traditional medicine, consumers are increasing their purchases ...
... Boehringer Ingelheim Pharmaceuticals, Inc. (BIPI), today announced ... preferred Tier 2 formulary status with CVS Caremark ... and Part D Drug Lists), two of the ... million Americans.(1) The U.S. Food and Drug Administration ...
Cached Medicine Technology:Reportlinker Adds A Global Overview of Herbal/Traditional Products 2Pradaxa Gains Preferred Formulary Status with Key Pharmacy Benefit Managers 2Pradaxa Gains Preferred Formulary Status with Key Pharmacy Benefit Managers 3Pradaxa Gains Preferred Formulary Status with Key Pharmacy Benefit Managers 4Pradaxa Gains Preferred Formulary Status with Key Pharmacy Benefit Managers 5
(Date:10/19/2014)... 2014 The leading review website, ... ) and GreenGeeks are the best Dedicated Server ... those who want to buy high quality hosting ... The IT manager of Top10BestSEOHosting.com says, “We believe ... suppliers for everyone. A lot of the global ...
(Date:10/19/2014)... 20, 2014 This report provides ... Seizure, complete with comparative analysis at various stages, ... (MoA), route of administration (RoA) and molecule type, ... press releases. It also reviews key players involved ... special features on late-stage and discontinued projects. , ...
(Date:10/19/2014)... 2014 Recently, Fancyflyingfox.com, an innovative company ... has announced its latest designs of 2014 mother ... new elegant outfits are offered with big discounts, up ... before October 30 can enjoy this special offer. ... strategies, it has become one of the leading brands ...
(Date:10/19/2014)... Stephen T. Greenberg, M.D., with offices in Woodbury, Southampton ... year as one of Long Island’s best cosmetic surgeons. ... as the best provider for Botox injections. Glisten, his Skin ... and best Laser Treatment center on Long Island.* , The ... for the contest once per day, per IP address. , ...
(Date:10/19/2014)... U.S. Government has initiated a major effort to ... However, a workgroup of nearly 40 Alzheimer,s researchers ... U.S. Government,s National Plan to Address Alzheimer,s Disease ... and adequately funded in order to successfully achieve ... workgroup to enlarge and strengthen the Plan are ...
Breaking Medicine News(10 mins):Health News:Top10BestSEOHosting.com Considers iPage And GreenGeeks As The Best Dedicated Server Hosting Suppliers 2Health News:Partial Seizure Therapeutic Pipeline Market Review H2 2014 in a New Report Available at RnRMarketResearch.com 2Health News:Partial Seizure Therapeutic Pipeline Market Review H2 2014 in a New Report Available at RnRMarketResearch.com 3Health News:Partial Seizure Therapeutic Pipeline Market Review H2 2014 in a New Report Available at RnRMarketResearch.com 4Health News:Fancyflyingfox.com Updates Its Website With New Mother Of The Bride Dresses For 2014 2Health News:Dr. Stephen T. Greenberg – Nominated for the 10th Consecutive Year for One of Long Island’s Best Cosmetic Surgeons for 2015 by the Long Island Press 2Health News:Scientists say national Alzheimer's plan milestones must be strengthened to meet goal by 2025 2Health News:Scientists say national Alzheimer's plan milestones must be strengthened to meet goal by 2025 3Health News:Scientists say national Alzheimer's plan milestones must be strengthened to meet goal by 2025 4Health News:Scientists say national Alzheimer's plan milestones must be strengthened to meet goal by 2025 5Health News:Scientists say national Alzheimer's plan milestones must be strengthened to meet goal by 2025 6
... costs and longer waits, NASHVILLE, Tenn., ... speaking out against drastic payment cuts that ... labs, creating long,waits and dramatically increasing out-of-pocket ... proposed changes from The Centers for Medicare ...
... Dosing Of Resveratrol Recommended For Optimal Health, ... earlier published,rodent study showed that ultra-high doses of ... of wine or many dietary supplement,capsules, successfully overcame ... dose that genetically mimics a calorie restricted diet ...
... PARK, N.J., June 3 HLTH Corporation,(Nasdaq: ... into a definitive,agreement to sell its ViPS segment ... of General Dynamics Corporation,(NYSE: GD ) for ... to customary,closing conditions, including the expiration or termination ...
... wilds of Tanzania,s Mahale Mountains National Park for the ... (NSF) grant, Virginia Tech researcher Dr. Taranjit Kaur and ... are becoming sick from viral infectious diseases they have ... be published in the August issue (available on-line in ...
... based on their genetic make-up, study says , , TUESDAY, ... the smoking habit may have a lot to do ... , Researchers have found gene patterns that influence a ... several genetic variations that appear to indicate the likelihood ...
... Corporation,(AGA), a privately-held medical device manufacturer, has agreed ... with corrupt payments to Chinese,government officials in violation ... Attorney General Matthew Friedrich announced,today., The Department ... filed a criminal information against the company in ...
Cached Medicine News:Health News:Cardiologists Warn Proposed Changes Would Close Outpatient Cardiac Cath Labs 2Health News:Cardiologists Warn Proposed Changes Would Close Outpatient Cardiac Cath Labs 3Health News:Resveratrol: Thousands of Bottles of Wine, High-Dose Pills Not Required; Mega-doses May Induce Side Effects 2Health News:Resveratrol: Thousands of Bottles of Wine, High-Dose Pills Not Required; Mega-doses May Induce Side Effects 3Health News:Resveratrol: Thousands of Bottles of Wine, High-Dose Pills Not Required; Mega-doses May Induce Side Effects 4Health News:HLTH Announces Agreement to Sell ViPS Unit to General Dynamics for $225 Million 2Health News:HLTH Announces Agreement to Sell ViPS Unit to General Dynamics for $225 Million 3Health News:Virginia Tech researchers find human virus in chimpanzees 2Health News:Virginia Tech researchers find human virus in chimpanzees 3Health News:Virginia Tech researchers find human virus in chimpanzees 4Health News:Genes May Play Role in Quitting Smoking 2Health News:Genes May Play Role in Quitting Smoking 3Health News:AGA Medical Corporation Agrees to Pay $2 Million Penalty and Enter Deferred Prosecution Agreement for FCPA Violations 2
SAFE-T-VAC Coil Packed Suction Catheters Kits, Sterile without Solution...
Sterile, Coil Packed Suction Catheter Mini Tray with (2) Walleted SAFESKIN PURPLE NITRILE Latex-Free Exam Gloves...
Clear plastic sleeve envelopes a plastic suction catheter. Sleeve slides over exudate to reduce potential clinician contact....
Soft and flexible whistle tip catheter with 2 eye configuration. "Chimney" connector with standard tapered fit and thumb control. Available in sizes 6 18 French. Packaged straight....
Medicine Products: