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American LAbor
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Accustasis 1000, AS 1000
Accustasis 2000, AS 2000
CoaData 1000, CD 1000
CoaData 2000, CD 2000
CoaData 3000, CD 3000
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New coagulation analyzers
Refurbished or used
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Accustasis 1000, AS 1000
Accustasis 2000, AS 2000
CoaData 1000, CD 1000
CoaData 2000, CD 2000
CoaData 3000, CD 3000
CoaSystem
CoaScreener
CoaLab, Nycomatic, BFA
If you have one of the above instruments and are no longer using it
please contact us, we do sometimes buy units to refurbish and
resell.
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Sigma-Aldrich
Signs Letter Of Intent To Sell Eia Product Line
| Sigma-Aldrich
(NASDAQ: SIAL) announced that as a result of its efforts to
review the direction for its Diagnostics business it has
received an offer and signed a non-binding letter of intent to
sell its enzyme immunoassay (EIA) product line to IVAX
Diagnostics, Inc. (AMEX: IVD). Terms of the offer were not
disclosed. If such negotiations are successful an agreement to
consummate the transaction could be reached in the second
quarter.
At the beginning of 2000, the Diagnostics business unit began
efforts to refocus on niche opportunities, with a three-year
plan to restore its contribution toward the overall Company's
targets to achieve sales and profit growth of 10%. Results in
Diagnostics through 2001 have not met expectations. The EIA
products, which are supplied by third party vendors and marketed
by the Diagnostics business unit, represent less than 10% of
that unit's sales and roughly 0.5% of total sales for
Sigma-Aldrich. This product line had a modest adverse impact on
overall Sigma-Aldrich profitability.
Management does not believe that the proposed EIA transaction
in and of itself should affect the price of Sigma-Aldrich stock.
About Sigma-Aldrich: Sigma-Aldrich is a leading Life Science
and High Technology company. Our biochemical and organic
chemical products and kits are used in scientific and genomic
research, biotechnology, pharmaceutical development, the
diagnosis of disease and chemical manufacturing. We have
customers in life science companies, university and government
institutions, hospitals and in industry. Sigma-Aldrich operates
in 33 countries and has 6,500 employees providing excellent
service worldwide. We are committed to the success of our
Customers, Employees and Shareholders through leadership in Life
Science, High Technology and Service. Cautionary Statement: This
release contains forward-looking statements relating to future
performance, goals, strategic actions and initiatives and
similar intentions and beliefs, and other statements regarding
the Company's expectations, goals, beliefs, intentions and the
like regarding future sales, earnings, return on equity and
other matters. These statements involve assumptions regarding
Company operations, investments and acquisitions and conditions
in the markets the Company serves. Although the Company believes
its expectations are based on reasonable assumptions, such
statements are subject to risks and uncertainties, including,
among others, certain economic, political and technological
factors. Actual results could differ materially from those
stated or implied in this news release, due to, but not limited
to, such factors as changes in pricing and the competitive
environment, other changes in the business environment in which
the Company operates, changes in research funding, uncertainties
surrounding government healthcare reform, government regulations
applicable to the business, the impact of fluctuations in
interest rates and foreign currency exchange rates and the
effectiveness of the Company's further implementation of its
global software systems. The Company does not undertake any
obligation to update these forward-looking statements.
For more information about Sigma-Aldrich, please visit our
award-winning web site at www.sigma-aldrich.com
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