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Bio-Rad Closes $400M DiaMed Acquisition

NEW YORK (GenomeWeb News) - Bio-Rad said today that it has closed its acquisition of DiaMed Holding, a developer of blood-typing reagents and screening tools, in a transaction worth approximately 477 million Swiss francs ($405.8 million).
 
Bio-Rad announced its plans to acquire DiaMed in May.
 
The company said it completed the purchase of around 77.7 percent of DiaMed’s outstanding shares today. DiaMed holds around 9.6 percent of its outstanding shares as treasury shares, and Bio-Rad said it plans to acquire the remaining outstanding shares within the next year.
 
DiaMed sells a line of reagents and instruments used in blood typing and screening. The Swiss firm has annual sales of around $200 million and around 800 employees worldwide.

The Scan

More Boosters for US

Following US Food and Drug Administration authorization, the Centers for Disease Control and Prevention has endorsed booster doses of the Moderna and Johnson & Johnson SARS-CoV-2 vaccines, the Washington Post writes.

From a Pig

A genetically modified pig kidney was transplanted into a human without triggering an immune response, Reuters reports.

For Privacy's Sake

Wired reports that more US states are passing genetic privacy laws.

Science Paper on How Poaching Drove Evolution in African Elephants

In Science this week: poaching has led to the rapid evolution of tuskless African elephants.