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Inverness Medical Innovations and Cholestech Corporation Announce Expiration of Hart-Scott-Rodino Waiting Period

Published in Cardiovascular Device Liability Week, August 12th, 2007

Inverness Medical Innovations, Inc. (AMEX:IMA) and Cholestech Corporation (NASDAQ:CTEC) announced that the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to Inverness' proposed acquisition of Cholestech has expired without a request for additional information.

"While we fully expected this outcome, we are nevertheless delighted to be able to move forward expeditiously with closing this exciting deal pending approval by Cholestech's shareholders," said Ron Zwanziger, CEO and President of Inverness. "The combination of Inverness and Cholestech will provide a unique opportunity to comprehensively assess cardiac risk,...

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