NEW YORK (GenomeWeb News) – PerkinElmer has acquired two separate companies, one in China and one in India, in a bid to expand its diagnostics and genetic screening businesses.

The firm said that it has completed its acquisition of SYM-BIO Lifescience, a Shanghai, China-based diagnostics firm for around $63.7 million in cash. SYM-BIO supplied Chinese hospitals with infectious disease diagnostic products. PerkinElmer said that the acquisition doubles its access to hospitals in China, offering the firm a larger base to expand its prenatal and newborn screening business.

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