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China's Sinocare acquires PTS Diagnostics for $200m | 合法醫療器材資訊網

China's Sinocare acquires PTS Diagnostics for $200m

2016年7月22日—China-basedSinocarehascompletedtheacquisitionofUSpoint-of-carebiometrictestingdevicesproducerPTSDiagnosticsforaround$200m ...

 China's Sinocare acquires PTS Diagnostics for $200m

China-based Sinocare has completed the acquisition of US point-of-care biometric testing devices producer PTS Diagnostics for around $200m.

Under the deal, Sinocare made $110m cash payment to PTS Diagnostics.

The transaction also includes an additional contingent consideration of up to $90m based on the achievement of certain milestones over the next 18 months.

Based in Indianapolis, PTS Diagnostics manufactures CardioChek family of lipid analyzers A1CNow systems and PTS Detect cotinine systems.

The company also produces PTS Connect solution, a connectivity and information management platform that offers population health management capabilities.

PTS Diagnostics distributes its products in around 135 countries across the globe

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PTS Diagnostics Agrees to Acquisition by Sinocare | 合法醫療器材資訊網
Sinocare is the largest manufacturer of high-quality and low-cost blood glucose monitoring systems for the Chinese market. PTS Diagnostics is expecting to ... Read More
PTS Diagnostics | 合法醫療器材資訊網
Through its People, Technology and Service, PTS Diagnostics creates health innovation that drives action and connects people to improved outcomes. Read More
Sinocare Completes Acquisition of PTS Diagnostics | 合法醫療器材資訊網
PTS Diagnostics will continue to manufacture in the United States and market globally its signature products including the CardioChek® family of lipid analyzers, ... Read More
Sinocare Enters Into Definitive Agreement to Acquire PTS | 合法醫療器材資訊網
2016年5月2日 — CHANGSHA, China, May 02, 2016 (GLOBE NEWSWIRE) -- Sinocare Inc. ... PTS Diagnostics is a U.S.-based manufacturer of point-of-care ... Read More
PTS Diagnostics Agrees To Acquisition By Sinocare | 合法醫療器材資訊網
2016年5月5日 — Point-of-care biometric testing device maker PTS Diagnostics is being purchased by Sinocare for up to $290 million. According to the deal, ... Read More
PTS Diagnostics | 合法醫療器材資訊網
We're in China with our parent company, Sinocare intl. It's been wonderful discussing 2018 PTS Diagnostics accomplishments, our new PreVantage... Read More
Sinocare Completes Acquisition of PTS Diagnostics | 合法醫療器材資訊網
PTS Diagnostics will continue to manufacture & market fast, easy and accurate diagnostics devices that test and screen for heart disease, diabetes and... Read More
China's Sinocare acquires PTS Diagnostics for $200m | 合法醫療器材資訊網
2016年7月22日 — China-based Sinocare has completed the acquisition of US point-of-care biometric testing devices producer PTS Diagnostics for around $200m ... Read More
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