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16 Jun 2011

Dutch Pharma Qiagen Plans to Buy French Ipsogen

The transaction will give Qiagen access to a range of assays covering 15 biomarkers for the diagnosis, prognosis and monitoring of blood cancers.

Dutch pharma company Qiagen aims to buy 47% of French cancer molecular diagnostics firm Ipsogen for about €70m (US$100m), and later make an offer for the remaining stake. Qiagen said the acquisition would cement its leading position globally in blood cancer molecular diagnostics testing.

 

The transaction will give Qiagen access to a range of assays covering 15 biomarkers for the diagnosis, prognosis and monitoring of blood cancers. Many of these tests are used as companion diagnostics in personalised healthcare for guiding treatment decisions. Qiagen has more than 20 molecular diagnostic assays as well as more than 15 projects underway with pharmaceutical companies.

 

"This portfolio would further inc

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