Latest In Pharmaceutical & Health Care
Sales for 3M’s industrial business grew 6.6 percent in the quarter.
Profit fell 7 percent during the quarter.
CEO: The divestment enables a sharpened focus on office-based practitioners.
The new addition will also serve as president of VWRs European lab business.
Distribution Solutions sales were flat for the full year compared to the prior year.
A Pharmaceutical decline more than offset a Medical increase.
Pharmaceutical Distribution sales also increased.
Thermo Fisher will assume $2.2 billion in net debt.
Prolab Laboratuar Teknolojileri is headquartered in Istanbul.
An investor-formed entity will buy the business for $308 million.
Canadian operation was 2 percent of AmerisourceBergen’s total sales.
The purchase strengthens Saint-Gobain’s fluid transfer components portfolio.
Newly acquired Labor Import Comercial Importadora Exportadora Ltda is based near So Paulo.
Cardinal will purchase the direct-to-home medical supplies distributor for $2.07 billion.
Profit increased 16 percent to $303 million.
Esquire specializes in dry ice (solid carbon dioxide) and liquid carbon dioxide.
Manuel Brocke-Benz will succeed former president and CEO John Ballbach.
