Hologic and Cytyc To Focus on Advanced Technology in Women's Health

(Bedford, MA, USA) and Cytyc Corp. (Marlborough, MA, USA) announced the completion of the combination of the two companies, creating one of the largest companies in the world focused on advanced technology in women's health.

"We are delighted to have completed this transaction, which marks a new chapter in the history of our company,” said Jack Cumming, Hologic's chief executive officer. "Both Hologic and Cytyc provide some of the most advanced technology addressing women's health needs. By combining our companies' complementary, best-in-class products and technologies, we expect to drive enhanced growth and value creation. We are now focused on seamlessly integrating these two great companies and realizing the tremendous upside potential our combination creates.”

"We look forward to joining our talented teams and working together to reach our shared goal of improving women's health,” said Patrick Sullivan, chairman of Hologic and former chairman, president, and chief executive officer of Cytyc. "We are very excited to realize the extraordinary benefits this combination of industry leaders will provide to shareholders, employees, physicians, and their patients.”

Hologic is a developer, manufacturer, and supplier of premium diagnostic and medical imaging systems for the healthcare needs of women, and a developer of innovative imaging technology for digital radiography and breast imaging. Hologic's core business units are focused on mammography and breast biopsy, osteoporosis assessment, and mini C-arm and extremity magnetic resonance imaging (MRI) imaging for orthopedic applications.

Cytyc's products cover a range of cancer and women's health applications, including cervical cancer screening, preterm birth screening, treatment of excessive menstrual bleeding, and radiation treatment of patients with early-stage breast cancer.


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