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Abbott acquires medical tests maker Alere for US$5.8 billion
Published Tue, Feb 2, 2016 · 09:50 PM
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New York
ABBOTT said on Monday that it had agreed to acquire Alere for an expected US$5.8 billion to enhance its diagnostics business.
Alere, which had a market value of US$3.2 billion last Friday, makes "point of care" medical tests that can provide results in a matter of minutes. The company, based in Waltham, Massa…
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