Invitrogen (Carlsbad, Calif.) and Applera (Norwalk, Conn., and Foster City, Calif.) have agreed to combine in a deal that would create a biotechnology reagents and systems giant with approximately $3.5 billion in combined sales and 9,700 employees. Under the terms of the agreement approved in June, Invitrogen will acquire all of the outstanding shares of Applera’s Applied Biosystems Group (AB) in a cash and stock transaction valued at $6.7 billion. Following the close of the transaction, expected this fall, the combined organization will be called Applied Biosystems and will be headquartered in Carlsbad.

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August 2008 - Table of Contents

DTTR August 2008 (full PDF issue)

California Cracks Down on DTC Genetic Testing

Monogram Launches Breast Cancer Assay

Invitrogen, Applied Biosystems to Combine in $6.7B Deal

BD’s C. difficile Molecular Test Gets CE Mark

J&J Acquires Swedish IVD Company

DTC Genetic Testing Under Greater Scrutiny

FDA Sends ASR ‘Reminder’ Letters to IVD Manufacturers

Dako Partners With Bristol-Myers Squibb for Companion Diagnostics

Rosetta Genomics Buys Parkway Clinical Labs for $3m+

New Biomarker-Based Test Predicts Prostate Cancer Recurrence

Elevated Fetuin-A Levels Associated With Increased Diabetes Risk

Urinary Albumin Levels Can Predict Hypertension

Boston Researchers Awarded Grant for Breast Cancer Biomarkers

CMS Adds More Waived Tests to Lab Fee Schedule

IVD Stocks Fall 9%; Third Wave Rises on Takeover News

See You at Lab Institute!