Inverness Medical Innovation - IMA Message Board

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Biotech / Medical : Inverness Medical Innovation - IMA

IMA 7.310

-3.8%

3:59 PM EST

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To: Crossy who wrote (7)	1/28/2003 7:01:14 AM
From: Crossy	Read Replies (1) of 40

Inverness Medical Innovations, Inc. Completes Acquisition of IVC Industries WALTHAM, Mass., March 19 - Inverness Medical Innovations, Inc. (Amex: IMA - news), a leading provider of women's health and nutritional products and developer of advanced medical devices, and IVC Industries, Inc. (OTC Bulletin Board: IVCO.OB - news) jointly announced that Inverness has today completed its acquisition of IVC. The transaction provides IMA with additional production and distribution resources. Under the previously announced agreement, as amended in January 2002, shareholders of IVC are receiving $2.50 in cash for each share of IVC common stock. For more information about Inverness Medical Innovations, please visit our website at www.invernessmedical.com.

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