27:
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On
October 3, 2017, Abbott closed the Alere acquisition at the reduced price of $ 5.3 billion, making the surviving entity the market leader player in the $ 7 billion point-of-care diagnostic space within the broader $ 50 billion in-vitro diagnostics market with this takeover. With the acquisition of
297:
In 2014 Alere received clearance from US FDA for the Alere i
Influenza A&B, a rapid molecular point-of-care test to detect and differentiate Influenza A&B virus in less than 15 minutes. In Jan 2015, Alere received US CLIA waiver for the Alere i Influenza test. In April 2015, Alere received
280:
Alere operated three business units focused on cardiometabolic, infectious disease, and toxicology testing. The company was a pioneer in manufacturing rapid point-of-care diagnostic tests and provided products to healthcare professionals and patients worldwide.
189:. As of January 2017, the company had a market capitalization of $ 3.47 billion with an enterprise value of $ 5.9 billion. The company was formerly known as Inverness Medical Innovations, Inc. and changed its name to Alere Inc. in 2010.
725:
301:
In March 2015 Alere received IVD CE mark for Alere q HIV analyser, a fully automated nucleic acid testing platform which brings the power of molecular testing to bench tops in any healthcare setting.
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under the name SelfCare, which went public in 1996. The company changed its name from SelfCare to
Inverness Medical Technology (IMT) in 2000. One year later, it sold its diabetes business to
720:
213:, TwistDx, Wampole Laboratories, Ostex International, Binax, Biosite, HemoSense, Cholestech, Redwood Toxicology, Concateno, BBI Holdings, eScreen, Standard Diagnostics, and hhh Axis-Shield.
287:
In 2010, Alere launched the Alere CD4 analyser, the world's first to provide absolute CD4 results at the Point of Care, making the management of HIV patients easier and more effective.
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announced it would acquire Alere Inc for $ 5.8 billion. However, in April, Abbott requested of Alere that this deal be terminated, a proposal rejected by Alere's board of directors.
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In 2009, Alere won two awards in the 16th Annual
National Health Information program, which recognizes the U.S.’s best consumer health information programs and materials.
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FDA clearance for its second test on the Alere i platform, the Alere i Strep A test for Group A Streptococcus, which provides results in 8 minutes or less.
205:, and split off a new company called Inverness Medical Innovations. That company subsequently expanded its business by acquiring many companies, including
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In August 2016 Alere received FDA Clearance for Alere i RSV Rapid
Molecular Test which detects RSV infections in 13 minutes or less.
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In 2016 the U.S. Justice
Department launched an investigation into Alere's role in potential Medicaid and Medicare fraud.
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294:(FDA) for its inadequate response to FDA's earlier observations on its manufacturing process of the Triage products.
272:
Alere, the company also obtain the subsidiary Arriva
Medical, which is the largest mail-order diabetic supplier.
284:
In 2004, the company launched the world's first digital pregnancy test under
Clearblue® Digital Pregnancy Test.
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In
October 2014, the board of directors voted and instated Namal Nawana as the permanent CEO of Alere, Inc.
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588:"Alere Inc : Award-Winning Healthcare Analytics Company, DiagnosisOne, Joins Alere Family"
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In
September 2014, Zwanziger offered to take the company private for $ 3.82 billion.
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In 2010, the company changed its name to Alere and began trading under the ticker
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In early 2015, Alere divested its Alere Health management activities to Optum.
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for the sales and marketing of its consumer diagnostics products.
631:"Alere Shares Whiplash as Investors Debate Latest Investigation"
235:
241:
In 2013, the company completed the acquisition of Epocal, Inc.
659:"Alere Faces Criminal Probe Over Medicare, Medicaid Billing"
528:"Abbott to Gain from Alere's Takeover Due for Oct 3 Closure"
327:"ALR Key Statistics | Alere Inc Stock - Yahoo! Finance"
185:. The company was founded in 1991 and was headquartered in
610:"Alere (ALR) Receives FDA Approval for RSV Molecular Test"
353:"ALR: Summary for Alere Inc. Common Stock- Yahoo! Finance"
726:
Companies formerly listed on the New York Stock Exchange
441:"Alere Inc: NYSE:ALR quotes & news - Google Finance"
165:
567:"Alere gets FDA warning letter over San Diego facility"
395:"Alere Wins Awards for Participant Engagement Programs"
290:
October 2012, the company received a warning from the
461:"Alere's former CEO offers to take company private"
216:In 2007, Alere entered into a joint venture, named
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721:Medical technology companies of the United States
706:Manufacturing companies based in Massachusetts
696:Manufacturing companies disestablished in 2017
8:
701:Health care companies based in Massachusetts
19:
691:Manufacturing companies established in 1991
18:
716:Companies based in Waltham, Massachusetts
321:
319:
711:Defunct companies based in Massachusetts
736:2017 disestablishments in Massachusetts
416:"Company History from Official Website"
347:
345:
343:
315:
7:
731:1991 establishments in Massachusetts
487:"Abbott to Acquire Alere for $ 5.8B"
502:"Google-Fiat Self-Driving Car Deal"
500:DeMuth Jr., Chris (29 April 2016).
197:The company was founded in 1991 by
181:was a global manufacturer of rapid
37:Inverness Medical Innovations, Inc.
14:
629:Cortez, Michelle (27 July 2016).
25:
183:point-of-care diagnostic tests
1:
751:2017 mergers and acquisitions
746:1996 initial public offerings
657:Hoffman, Liz (27 July 2016).
146:US$ 2.39 billion (As of 2017)
608:Research, Zacks Investment.
397:. Prnewswire.com. 2009-07-23
292:Food and Drug Administration
590:. 4-traders.com. 2012-10-22
418:. Alere.com. Archived from
218:Swiss Precision Diagnostics
80:; 33 years ago
767:
546:"Alere, Inc. NASDAQ Quote"
252:took over as interim CEO.
569:. Reuters.com. 2012-10-24
96:October 3, 2017
24:
248:resigned as CEO and COO
664:The Wall Street Journal
70:health care diagnostics
374:"Alere, Inc. LinkedIn"
187:Waltham, Massachusetts
123:Waltham, Massachusetts
203:Johnson & Johnson
222:Procter & Gamble
16:Subsidiary of Abbott
741:Abbott Laboratories
467:. 15 September 2014
355:. Finance.yahoo.com
329:. Finance.yahoo.com
266:Abbott Laboratories
211:Ionian Technologies
152:Number of employees
113:Abbott Laboratories
21:
489:. 1 February 2016.
264:In February 2016,
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156:9,700 (2016)
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506:Seeking Alpha
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422:on 2014-03-19
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246:Ron Zwanziger
244:In July 2014
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199:Ron Zwanziger
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127:United States
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668:. Retrieved
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640:. Retrieved
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592:. Retrieved
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550:. Retrieved
548:. Nasdaq.com
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510:. Retrieved
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471:15 September
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424:. Retrieved
420:the original
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331:. Retrieved
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250:Namal Nawana
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209:, Clondiag,
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119:Headquarters
111:Acquired by
42:Company type
134:Area served
685:Categories
670:12 October
642:12 October
615:2016-09-12
594:2014-03-18
573:2014-03-18
552:2014-03-18
446:2014-03-18
426:2014-03-18
401:2014-03-18
380:2014-03-18
359:2014-03-18
333:2017-01-17
311:References
179:Alere Inc.
100:2017-10-03
62:: ALR
20:Alere Inc.
138:Worldwide
54:Traded as
276:Business
67:Industry
34:Formerly
508:. Alere
465:Reuters
220:, with
207:Unipath
193:History
161:Website
143:Revenue
98: (
93:Defunct
83: (
75:Founded
168:.alere
46:Public
512:1 May
672:2016
644:2016
514:2016
473:2014
236:NYSE
170:.com
108:Fate
85:1991
78:1991
60:NYSE
532:GEN
234:in
232:ALR
166:www
687::
661:.
633:.
530:.
504:.
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342:^
318:^
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