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More IVD Consolidation as Danaher Acquires Iris

Danaher to pay $338 million to buy Iris in a transaction expected to close by year’s end

CEO SUMMARY: Danaher Corporation continues to fuel growth by continually acquiring in vitro diagnostics (IVD) companies. Its latest purchase is Iris International, which manufactures automated urine microscopy systems. Danaher also has $5 billion available that it could spend in the next two years on acquisitions. Because of its acquisitions over the past decade, Danaher now …

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