Growing Competition Leading to Strategic Consolidations: Hear Frost & Sullivan on the European Diagnostics Space

LONDON - The Healthcare Group at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the European In-Vitro Diagnostics Market to be held on Thursday, 7th May 2009, at 2 p.m. GMT.

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The global In-Vitro Diagnostics (IVD) market has been witnessing sporadic growth in the past five years with the European sector contributing a third to the total market. Amidst stiff competition, there has been a clear and healthy presence of strategic consolidations. Companies are realizing that with the erosion of margins, buying power becoming greater among bigger providers, and discounts going deeper, consolidation is the path of the future.

This briefing will benefit diagnostic manufacturers, distributors and diagnostic laboratories by discussing emerging trends and providing forward projections on upcoming consolidations within the European In-Vitro Diagnostics market.

The competitive structure in the In-Vitro Diagnostics’ (IVD) business is fairly straight-forward. Major multi-national manufacturers participating in various IVD sectors hold a prominent position in the competition. They primarily focus on innovation and invest huge amounts on R&D for the development of novel assays and the upgrade of instrument capabilities that serve different workloads of a laboratory. Small companies and start-ups on the other hand clearly represent potential acquisition targets for larger corporations seeking to access novel market opportunities.

“Providing diagnostic platforms integrating different assay throughputs and diagnostic technologies would aid to attract a larger client base” observes Frost & Sullivan Research Analyst Suraj Ramanathan.

Frost & Sullivan will hold this conference call at 2 p.m. GMT on Thursday, 7th May 2009, which will provide industry participants an outlook of the European In-Vitro Diagnostics Market. To participate, please email Katja Feick at katja.feick@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. Upon receipt of the above information, a registration link will be emailed to you.

GIL 2009: Europe

Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress ‘GIL 2009: Europe’ on 19-20 May, at the Sofitel St James in London. GIL Global is the industry’s only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Katja Feick, Corporate Communications Europe, at katja.feick@frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled.

For more information you can also visit www.frost.com/gilglobal

About Frost & Sullivan:

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company’s TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan’s Growth Partnerships, visit www.frost.com

Contact: Katja Feick Corporate Communications - Europe P: +49(0)69-77-0-33-43 F: +49(0)69-23-45-66 E: katja.feick@frost.com www.frost.com

Source: Frost & Sullivan

Katja Feick of Frost & Sullivan Corporate Communications - Europe, +49(0)69-77-0-33-43, fax, +49(0)69-23-45-66, katja.feick at frost.com /Photo: NewsCom: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO , AP Archive: https://photoarchive.ap.org , PRN Photo Desk, photodesk at prnewswire.com