Prionics AG

Prionics acquires CEDI Diagnostics

Published in Pharma Investments, Ventures and Law Weekly, April 16th, 2006

Prionics announced the acquisition of CEDI-Diagnostics, a part of Wageningen University and Research Centre (Wageningen UR). Through the purchase of CEDI, Prionics will acquire a substantial number of new products and gain rights to commercialize developments made by the research centre.

Prionics and Wageningen UR have additionally agreed on a strategic partnership for the development of future innovations in farm animal diagnostics.

With this acquisition, the successful Swiss company Prionics has accomplished several objectives. "We have acquired a firm with tests proven on the market and we gain access to future developments of a unique global...

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Source: Pharma Investments, Ventures and Law Weekly (2006-04-16)

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