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Fisons divestment of laboratory supplies businesses continues firm's move to focus on asthma.

Executive Summary

FISONS FOCUS ON ASTHMA THERAPIES CONTINUES TO SHARPEN WITH PROPOSED SALE of four of its laboratory supplies companies to Fisher Scientific. Fisher announced Aug. 29 that it is acquiring Curtin Metheson Scientific, Fisons Scientific Equipment, Biochemical Sciences and Pacific Hemostasis from the British company for $310 mil. in cash. The agreement is subject to regulatory approval and a vote by Fisons shareholders.
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