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More IVD Consolidation: DPC Sells to Siemens

Siemens Medical Solutions decides its time to enter the in vitro diagnostics business

CEO SUMMARY: It is a significant acquisition, and not just because Diagnostic Products Corporation has a major presence in immunodiagnostics. Siemens Medical Solutions is one of the dominant competitors in radiology. Its willingness to pony up almost $2 billion to enter the clinical diagnostics market signals a serious intent to develop services that support individualized …

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