Corning Completes BD Discovery Labware Business Acquisition
Broadens Life Sciences product portfolio and geographic reach
Corning Incorporated announced that it has completed the previously announced acquisition of the majority of the Discovery Labware business from BD (Becton, Dickinson and Company) for approximately $720 million in cash.
The acquisition of the BD Discovery Labware business will expand Corning Life Sciences' market presence in the multi-billion dollar global laboratory consumables market, especially in important Asian markets such as India, Korea, and Japan. Corning's broad portfolio of laboratory products and services will be significantly enhanced by the addition of the Discovery Labware business's four main product platforms: plastic consumable labware (liquid handling and cell culture products); biologically coated plastic consumable labware; cell culture reagents; and ADME research.
"We are eager to move forward with this very exciting opportunity to expand Corning's leadership in the growing laboratory consumables industry," said Dr. Richard M. Eglen, vice president and general manager, Corning Life Sciences. "Discovery Labware's talented team of professionals has a proven history of delivering customer-driven solutions. We will build a bright future together through our outstanding combination of technologies, service, and global market access."
Most read news
Other news from the department business & finance
These products might interest you

tritec® Chromatographic refrigerators by tritec für Labortechnik und Umweltsimulation
Energy-efficient chromatography refrigerators for precise temperature control
Safe storage of your HPLC systems at -5 °C to 20 °C with modern touchscreen display

SmartCheck by Mettler-Toledo
Check Pipette Dosing Accuracy - Lightning Fast in Under a Minute
Detect dosing errors before it gets expensive

Starlab Minizentrifuge by STARLAB
The Starlab Minicentrifuge - ahead of the curve
This compact unit delivers quiet, intuitive and smooth operation along with a modern design

BIOS ANALYTIQUE - Soluciones de Renting y Leasing para laboratorios by Bios Analytique
Specialists in the rental and leasing of scientific equipment for laboratories throughout Europe
Whether you have an unexpected requirement or limited budget, we have the perfect solution for you

KNAUER IJM NanoScaler by KNAUER
Efficient formulation of lipid nanoparticles for RNA-based therapies
Optimise drug encapsulation from 1 ml to hundreds of millilitres with minimal drug input

Get the life science industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.