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Ortho Clinical Diagnostics to Be Acquired by Quidel

Latest major consolidation within IVD industry means large companies continue to get bigger

CEO SUMMARY: In an announcement released before the end of 2021, Quidel said it had signed an agreement to acquire Ortho Clinical Diagnostics (OCD) for $6 billion. Laboratories that are customers of either company should expect changes after the deal closes as Quidel moves to integrate OCD. One IVD expert says Quidel will become more …

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