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Hitachi Chemical to develop additional applications for MAST IVD technology following acquisition.

This article was originally published in The Gray Sheet

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Executive Summary

HITACHI'S $30 MIL. BUY OF REMAINING MAST IMMUNOSYSTEMS STAKE gives the Tokyo, Japan-based conglomerate complete ownership of in vitro diagnostic manufacturer MAST. The companies announced Nov. 4 the signing of a definitive agreement under which Hitachi Chemical would purchase the roughly 75% stake of MAST that it does not currently own in a cash transaction expected to close by the end of 1996.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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