CEO SUMMARY: As expected, consolidation within the diagnostics industry continues. This time it is Bayer, spending $1.1 billion to acquire Chiron’s diagnostics business. Once completed, Bayer will be the fourth-largest diagnostics company in the world. Laboratory customers of both firms will see many changes during the 18 months following the merger. ONCE AGAIN THE DIAGNOSTICS […]
Bayer Acquires Chiron In Consolidation Move
Bayer expects increased market clout with Chiron’s diagnostic product lines
- By Robert Michel
- > From the Volume V No. 13 - September 28, 1998 Issue
