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Inverness acquires Acon's rapid diagnostics business

Executive Summary

Resolving all previous patent litigation, immunodiagnostics company Inverness Medical Innovations has acquired the assets of Acon Laboratories' rapid diagnostics division. In 2004, Inverness alleged Acon infringed several of its immunoassay patents, including its consumer pregnancy and ovulation tests.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Contract
    • Includes Earnout
    • Intra-Biotech Deal
    • Payment Includes Cash for Equity
    • Payment Includes Stock

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