Yet Another Aquisition for Inverness

Inverness Medical Innovations (AMEX: IMA), a diagnostics maker in Waltham, MA, announced that it it will acquire Reno, NV’s Alere Medical, for $302 million. By my count that’s the ninth acquisition agreement Inverness has forged this year.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.