FDAnews Drug Daily Bulletin

GE TO BUY SWEDISH LAB SUPPLIER

June 21, 2006
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General Electric on Tuesday agreed to pay $390 million to buy a Swedish life sciences firm that makes machines used in biomedical and drug discovery. GE said it's offering SEK3.22 billion ($438 million), or SEK330 a share, for Biacore International. Smartmoney (http://www.smartmoney.com/bn/ON/index.cfm?story=ON-20060620-000142-0522)