ORTHO DIAGNOSTIC SYSTEMS AND MLA FORGE GLOBAL ALLIANCE
This article was originally published in The Gray Sheet
Executive Summary
ORTHO DIAGNOSTIC SYSTEMS AND MLA FORGE GLOBAL ALLIANCE to jointly develop, manufacture, and market in vitro hemostasis diagnostic systems for clinical laboratories worldwide. The venture will "function as a single entity, with expenses and profits shared equally" by Johnson & Johnson subsidiary Ortho Diagnostic Systems and privately held, Pleasantville, New York- based Medical Laboratory Automation, the firms said. The agreement was signed July 13 and announced July 18.