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Roche (RHHBY) Buys Constitution Medical Investors, Inc. for $220 Million


7/2/2013 6:30:01 AM

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Roche Holding AG (ROG) said it bought Constitution Medical Investors Inc., a U.S. blood-testing company, for $220 million plus payments related to development of products.

CMI, based in Boston, Massachusetts and created and funded by private-equity company Warburg Pincus and CMI’s management, will serve as a ’’center of excellence’’ in the field of hematology within Roche’s diagnostics unit, the Basel, Switzerland-based company said today in a statement.

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