Corning Completes BD Discovery Labware Business Acquisition

Broadens Life Sciences product portfolio and geographic reach

05-Nov-2012 - USA

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."

Other news from the department business & finance

These products might interest you

SepsiTest™-UMD CE IVD

SepsiTest™-UMD CE IVD by Molzym

Make yourself independent: 16S/18S PCR for pathogen identification

Fast and precise detection of bacteria and fungi in blood/body fluids and tissue

diagnostic kits
SureSTART Vials and Well Plates

SureSTART Vials and Well Plates by Thermo Fisher Scientific

SureSTART autosampler vials for all chromatography applications and budgets

3 performance level: Easily select products suited to your analytical, performance or value needs

consumables
Micro-Dx™ CE IVD

Micro-Dx™ CE IVD by Molzym

Fully automated from sample to PCR analysis

Rapid identification of bacteria and fungi without time-consuming cultivation

DNA extraction kits
Greener Alternative Products

Greener Alternative Products by Merck Life Science

Sustainable laboratory products for environmentally conscious research

Over 2,500 ecological alternatives to reduce your laboratory footprint

consumables
Starlab product guide

Starlab product guide by STARLAB

From pipette tips to centrifuges - laboratory equipment for every need

Discover the Starlab product range now!

Sartobind® Rapid A

Sartobind® Rapid A by Sartorius

Efficient chromatography with disposable membranes

Increase productivity and reduce costs with fast cycle times

membranes
Ksep® Consumable Kits

Ksep® Consumable Kits by Sartorius

Ksep® Kits: Cell clarification and harvesting made easy

Automated solutions for higher yield and quality in bioprocessing

consumables
Consumables & Instruments

Consumables & Instruments by Azenta

Azenta's Sample Consumables and Instruments

Improve sample tracking, ensure sample integrity, and drive process efficiency

Loading...

Most read news

More news from our other portals

So close that even
molecules turn red...