Sonic completes acquisition of GLP
Tuesday, 02 September, 2008
Sonic Healthcare [ASX: SHL] has completed the acquisition of the German GLP Medical Group.
The deal, first announced in June, sees Sonic taking control of a company which employs some 250 staff, and an expected EBITDA of around $3.5 million for the 2008/09 financial year.
Sonic and GLP have a history of collaboration due to the proximity of the GLP labs to the Sonic-operated Bioscientia Healthcare and the Schottdorf group laboratories, all of which are located in Hamburg.
In the face of change: how Antarctic microbes can survive a 95°C temperature span
Analysis of microbial soil samples has helped Australian scientists understand the resilience of...
Sensor's cell-like structure said to overcome key blood-testing barrier
Drawing inspiration from nature, Australian researchers have developed a sensor they believe...
Revealed — a common bacterium's role in stubborn wound infections
A team of international researchers have uncovered how a common bacterium, Enterococcus...
