M&A Deal Summary |
|
|---|---|
| Date | 2015-11-04 |
| Target | Plasticap |
| Sector | Plastics |
| Buyer(s) | Cardiogenics Holdings |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Test/Measurement Equipment |
Cardiogenics Holdings, Inc. develops ultra-sensitive analyzers and other products targeting the immunoassay segment of the IVD testing market. It has developed the QL Care Analyzer, a proprietary and ultrasensitive Point-Of-Care immunoanalyzer, which will run a number of diagnostic tests under development, the first of which will be a series of cardiovascular diagnostic tests. As part of its core proprietary technology, the Company has also developed a proprietary method for silver coating paramagnetic microspheres (a fundamental component of immunoassay equipment), which improve instrument sensitivity to light. The Company's proprietary microspheres technology and SAVASpheres magnetic beads are developed and marketed through the Company's LuXSpheres subsidiary. The Company's principal offices are located in Mississauga, Ontario, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Plastics) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2015) | 1 of 1 |
