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PerkinElmer’s Tulip

Fiinews by Fiinews
January 10, 2017
in Investment
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PerkinElmer’s Tulip

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#PerkinElmer, Inc. (NYSE: PKI), a global leader committed to innovating for a healthier world, has entered into a definitive agreement to acquire Goa-based #Tulip Diagnostics Private Ltd.

Tulip is one of the country’s largest domestic providers of in-vitro diagnostic reagents, kits and instruments to an expansive customer base of diagnostic labs and government and private healthcare facilities.

Tulip’s solutions include products for the prevention, screening and diagnosis of infectious diseases such as malaria, HIV and hepatitis.

“As we continue to build out our Diagnostics business on a global scale, this acquisition further positions PerkinElmer for long-term growth in emerging market diagnostics, an attractive end market and key area of focus for us,” said #Prahlad Singh, Senior Vice President and President, Diagnostics, PerkinElmer.

“We are committed to expanding our infectious disease screening menu and capabilities, and Tulip’s product portfolio, channel access, and broad footprint provide the key enablers to help accelerate our growth in this important market,” Singh said.

PerkinElmer offers a global diagnostics portfolio focused on: reproductive health, infectious disease screening and genomics offerings for oncology and other molecular tests through its wide range of instruments, reagents, assay platforms and software offerings. fii-news.com

Tags: PerkinElmer IncTulip Diagnostics Private Ltd
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