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Roche closes acquisition of LumiraDx’s Point of Care technology

Roche (RHHBY) announced the completion of the acquisition of LumiraDx’s (LMDX) Point of Care technology, following the receipt of all required antitrust and regulatory clearances. Roche will now embark on the full integration of the company’s innovative multi-assay point of care platform and the related R&D, operational and commercial sites into its global organization. Through this acquisition, Roche complements its diagnostics portfolio with a simple-to-use platform that consolidates a wide range of immunoassay and clinical chemistry tests on a single instrument, with the future potential to expand into molecular testing. The solution will allow Roche to further expand its offering in decentralized patient care, and drive global access to timely and actionable diagnostic results.

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