Tech Company M&A Transactions
Claros Diagnostics Acquisition
Headquartered in Woburn, Claros Diagnostics was acquired by OPKO Health. OPKO Health said the transaction price was $49 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/21/2011
Transaction Type
M&A
Amount
$49,000,000
M&A Terms
The buyout amounts to at least a $30 million payment of combined cash and stocks, with the potential for another $19 million paid to Claros, based on milestone achievements, OPKO reported in a regulatory filing.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
4 Constitution Way E
Woburn, MA 01801
USA
Woburn, MA 01801
USA
Phone
Website
Email Address
Overview
Claros has developed a novel handheld immunoassay system incorporating a lab-on-a-chip configuration which produces high performance quantitative laboratory blood test results with the ease-of-use of rapid qualitative diagnostic test strips.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Magliochetti
Chief Operating Officer
David Steinmiller
Chief Technical Officer
Vincent Linder
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