Reuters - Roche Buys US Blood Testing Firm

Swiss drugmaker Roche is buying Constitution Medical Investors, a US developer of a testing system for blood diseases like anaemia and leukaemia, for an upfront $220 million, plus further contingent payments, writes Reuters. Boston-based CMI was created and funded by private equity firm Warburg Pincus and former Cytyc Corporation executives Patrick Sullivan and Daniel Levangie.

DealsNorth AmericaUSBriefs