OLM Diagnostics, a Newcastle-based company that develops diagnostic tests for the healthcare sector, has been acquired by US manufacturer and distributor IMMY. OLM Diagnostics, which was founded in 2014, has developed fungal diagnostics products that are able to reduce the rate of drug resistant infections. Oklahoma-based IMMY said that the acquisition of OLM’s “cutting-edge molecular diagnostics portfolio” would enhance the company’s “vision and portfolio” and improve its offering to customers and partners.
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Source: https://www.business-sale.com/news/business-sale/newcastle-diagnostics-firm-acquired-by-us-manufacturer-226088