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Alere Off-Loads Blood Gas Business To Siemens

 
• By Reed Miller

Alere is selling its Epocal point-of-care blood diagnostics subsidiary to Siemens Healthineers to comply with US antitrust requirements in advance of its pending acquisition by Abbott. Siemens plans to integrate Epocal's epoc blood analysis system with its digital platforms and its existing point-of-care diagnostics.

Siemens Healthineers will acquire Alere Inc.'s Epocal Inc. blood-gas analysis business for an undisclosed sum when Abbott Laboratories Inc. completes its planned acquisition of Alere, Siemens announced July 21.

Epocal, which Alere acquired in 2013 for about $166m, develops and markets point-of-care blood diagnostic systems for health-care providers, most notably the handheld wireless epoc blood analysis system. Financial details...

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