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QIAGEN Buying Digene for $1.6B

June 3, 2007--QIAGEN N.V. is buying Digene Corp. for $1.6 billion. The transaction combines QIAGEN's portfolio of sample and assay technologies, including a broad panel of molecular diagnostic tests, with Digene's position in HPV targeted molecular diagnostic testing. It is anticipated that the combined company will have over $350 million of molecular diagnostics revenues and more than $800 million in revenues overall in 2008. QIAGEN

See also The Baltimore Sun’s article on the merger.

 

 

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