We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress hp
Sign In
Advertise with Us

Download Mobile App




Events

05 Aug 2026 - 07 Aug 2026
18 Aug 2026 - 20 Aug 2026

Abbott Labs to Acquire Vysis

By HospiMedica staff writers
Posted on 01 Nov 2001
In a move to expand its offerings in molecular diagnostics, Abbott Laboratories (Abbott Park, IL, USA) has agreed to acquire Vysis, Inc. More...
(Downers Grove, IL, USA), a leading developer of innovative molecular diagnostic products. The transaction is valued at around US$355 million. As part of the transaction, Abbott has entered into an agreement with Amoco Technology Company for its holdings of around 65% of outstanding Vysis shares.

Vysis has developed tests for breast cancer (PathVysion HER-2 DNA Probe Kit) and bladder cancer recurrence (UroVysion), based on the company's proprietary fluorescence in situ hybridization (FISH) DNA probe technology that can detect changes in genes or chromosomes. Other Vysis products include tests for prenatal abnormalities, chronic myelogenous leukemia, and chronic lymphocytic leukemia.

"This acquisition further strengthens our position in molecular diagnostics, with a portfolio of innovative tests for the detection of chromosomal and gene abnormalities,” said Thomas D. Brown, senior vice president, diagnostic operations, Abbott Laboratories.




Related Links:
Abbott Labs
Vysis

Gold Member
12-Channel ECG
CM1200B
Biochip Array Technology
Evidence MultiSTAT Drugs of Abuse Urine Multiplex Panel
Patient Preoperative Skin Preparation
BD ChloraPrep
Radiofrequency Generator
GX1
Read the full article by registering today, it's FREE! It's Free!
Register now for FREE to HospiMedica.com and get access to news and events that shape the world of Hospital Medicine.
  • Free digital version edition of HospiMedica International sent by email on regular basis
  • Free print version of HospiMedica International magazine (available only outside USA and Canada).
  • Free and unlimited access to back issues of HospiMedica International in digital format
  • Free HospiMedica International Newsletter sent every week containing the latest news
  • Free breaking news sent via email
  • Free access to Events Calendar
  • Free access to LinkXpress new product services
  • REGISTRATION IS FREE AND EASY!
Click here to Register








Channels

Critical Care

view channel
Image Credit: 123RF

Existing Cardiovascular Risk Calculators Predict Several Common Cancers

Cardiovascular risk calculators are embedded in primary and secondary care to estimate 10‑year risk of heart attack or stroke from factors such as age, body mass index, and smoking. Many of these same... Read more
Copyright © 2000-2026 Globetech Media. All rights reserved.