Someone told me this today.... Bit dumb but a rumour is a rumour.
Fewer and fewer companies or people want to buy a diagnostics company. Once upon a time, diagnostics was a very dynamic business during which time companies were developing new instruments to more precisely measure analytes, improved assays for many analytes, new detection methods for high sensitivity assays, etc. When one looks around at the big boys (Beckman, Abbott, Siemens, and Roche) one sees that the vast majority of their business is in the routine production of reagents and instruments and, for the most part, the actual performance of most tests is relatively the same among the big four. There is still a need to maintain R&D departments even though there isn't a lot of work for most of them to do. Very few really new instruments come out anymore. Most are simply product line extensions with nothing revolutionary. And given the visibility of health care costs, the pressure on prices is intense. The business simply isn't growing that much anymore other than in more of the same. There will be more customers in developing countries and one can even expect some increase in testing volume in the US as more people become covered by insurance that includes an annual physical.
The bottom line is that diagnostics is a pretty stagnant business where it is hard to make money and shows little opportunity for great innovation to gain competitive advantage. Several companies that have tried to enter the diagnostics business. Bayer lasted roughly a decade and a half; Siemens sounds like they will be selling all of their healthcare including their disastrous diagnostics unit less than a decade after acquiring diagnostics from Bayer, Dade, and DPC. And now there is talk that Danaher might be selling. That should tell potential buyers something. The only big purchase that seems to be working out is the Roche buyout of Boehringer Mannheim. Maybe it takes some special knowledge or talent to be successful in diagnostics.
You are just nasty man, want buy fruit from the friend then no share.
My father buy invest Beckman Coulter and then I got a new mommy to do the clean up around the house.
[i suppose you think BC are [sic] a bad company. They have always severed me well!]
BEC "severed" many folks real well. Unfortunately the folks they "severed" are the ones needed to develop, manufacture, sell, service and support the business.
i suppose you think BC are a bad company. They have always severed me well!
Number of times I told him, shows over.
Aint no getting through to him no more.
Grandpa Thermo been drying out in the sun all day long. White Elvis jump suit and a big leather buckle across the front, layin in that rockin chair waitin for the show to start. You put that vinyl on, just playing some sweet music and he gona start pawing at the patio door like a big old doggy. Give him enough strong chords and you get Grandpa Thermo all wound up, he'll find a way. Now if you were just a girly girl I'd tell you to keep those legs crossed, but that aint good enough for some of you folks out there. He's gonna start lookin at what you got that he aint never had none of. Sticking that ass up in the air like that just won't do. He'll come right through that door and start dancing. Now he can't dance so good no more but the share holders just love him. They clap him along, make him feel like the king. Once he's in that room, all giddy up, and he sees somethin he's gonna take, you gotta watch out. When he starts reaching for that big leather buckle, you know things starting to get a little serious. You better crawl under that dining table and stay quite as a mouse. Grandpa Thermo wont dance for long, after a while he start feelin a little tired, he'll go away. Straight back out that patio door. Elvis white jumpsuit. Big leather buckle. Drying out in the sun. Rocking chair. Waiting for the show to start.
Ooh Grandpa. You so big in that ass. My heart is a flutter... Xxx
What would BC bring to Thermo? 10 or 20 year old 'cutting edge' technology.
DHR would have to give BC away for what they paid for it. Not likely.
The Thermo automation has to be a better fit for BC and the Olympus than that overpriced IDS Goliath of a line.
Thermo has to be a better fit for BC than DHR, but Thermo just bought Life, half in cash, half in debt so doubt they have the funds needed. Doubt GE is a better fit, look at how the mismanaged Centricity.
Figure DHR will be spinning something off soon once the carcass is bare. DHR only bought BC for the high margin Life Science biz, although that part consumes a lot of R&D $$,and DHR spends les than 6% on R&D so it is not a match made in heaven.
Then again, if you look at all the big diagnostic companies today, they are all in decline. The new regime at FDA has made it almost impossible to get anything new to market. Same old junk from BC, OCD, Roche, Siemens, Abbott, etc, so it is now a race to the bottom! ;-)
Dear Lord, I hope not. Bad for the diagnostics business, especially the patient and dreadful for Ortho's employees.
Even GEHC would better, despite the magic it is weaving on what was Amershame.
Danaher might be willing to sell it pretty cheap at this point. Other than picking at Dako's bones Beckmans been pretty much sit-n-spin ever since they were bought. You can say a lot of things about Danaher but you have to admit they know how to count especially when it comes to value. Thermo has enough overlap to clean out upper and middle management and Life might even have a few real scientists left that could get their molecular program moving.
Doubt it. They just bought Life this spring and took on some debt.
Maybe they will pick ORTHO too!
Big thermo about to cram another anal bead up its ass
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