bioMerieux Gains Critical Oncology and Theranostics Capabilities with the Acquisition of Molecular Diagnostics Company AviaraDx
“The acquisition of AviaraDx is a major milestone in bioMérieux’s long-term growth strategy. Their molecular technology in tumor tissue and broad clinical capabilities will help us achieve Dr. Christophe Mérieux’s vision of providing patients with personalized, predictive medicine,” stated Stéphane Bancel, Chief Executive Officer of bioMérieux. “We are also very excited to welcome the talented AviaraDx team to bioMérieux,” he added.
bioMérieux acquired full ownership of AviaraDx for $60 million. The company plans to keep AviaraDx as an independent legal entity called bioTheranostics, Inc. Richard Ding, bioMérieux’s Corporate Vice President of Business Development and Theranostics, has been named Chief Executive Officer of bioTheranostics. He will also continue to serve as a member of the bioMérieux Management Committee and to lead bioMérieux’s business development and theranostics activities.
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Topic world Diagnostics
Diagnostics is at the heart of modern medicine and forms a crucial interface between research and patient care in the biotech and pharmaceutical industries. It not only enables early detection and monitoring of disease, but also plays a central role in individualized medicine by enabling targeted therapies based on an individual's genetic and molecular signature.
Topic world Diagnostics
Diagnostics is at the heart of modern medicine and forms a crucial interface between research and patient care in the biotech and pharmaceutical industries. It not only enables early detection and monitoring of disease, but also plays a central role in individualized medicine by enabling targeted therapies based on an individual's genetic and molecular signature.