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Ortho Clinical Diagnostics

Ortho Clinical Diagnostics (now QuidelOrtho) was an in vitro diagnostics company that made products and diagnostic equipment for blood testing. Ortho served two primary industries in the medical field: clinical laboratories, by producing platforms and assays that test for a variety of diseases, conditions, and substances; and immunohematology, by providing the means to ensure blood transfusion recipients receive appropriate and compatible blood.[3]
Johnson and Johnson acquired Eastman Kodak's Clinical Diagnostics Division in 1994 (to form Johnson & Johnson Clinical Diagnostics), which was then merged with Ortho Diagnostic Systems in 1997. QuidelOrtho's global corporate offices are in Raritan, New Jersey, while their global research and development center is in Rochester, New York.

Ortho Clinical Diagnostics Holdings plc
Company typePublic
IndustryMedical diagnostics
Founded1939; 85 years ago (1939)
Linden, New Jersey, U.S.
Headquarters1001 US-202, ,
U.S.
Area served
Worldwide
Key people
[1]
Revenue$1.8 billion (2018)[2]
OwnerQuidel Corporation
Number of employees
4,400 (2019)
Websiteorthoclinicaldiagnostics.com

In 2014, The Carlyle Group purchased the company from Johnson & Johnson for $4.15 billion. Ortho Clinical Diagnostics now operated as an independent company,[4][5][6] up until its acquisition by Quidel Corporation for $6 billion, on May 27, 2022.

History edit

1939: Ortho Products, Inc., is formed in Linden, New Jersey, as a division of Johnson & Johnson.

1944: Philip Levine, in the field of hematology, joins Ortho Products to continue his research into the mechanics of the Rh system in human blood.[7]

1997: Ortho Diagnostics Systems and Johnson & Johnson Clinical Diagnostics merge and begin operating as Ortho Clinical Diagnostics.[citation needed]

2001: Ortho becomes the first diagnostic company to receive US FDA approval for automated random access hepatitis tests.[8][9]

2006: Ortho launches the first FDA-licensed test to screen blood donations for exposure to Chagas disease.[10]

2014: The Carlyle Group acquires Ortho Clinical Diagnostics for $4.15 billion.[11]

2015: Ortho receives FDA clearance for its ORTHO VISION Analyzer, which automates the full range of immunohematology testing and helps improve the safety of blood transfusions by reducing laboratories' reliance on manual methods.[12][13]

2017: FDA approves Ortho's HIV Combo test for the Vitros immunodiagnostic system. The test detects both HIV-1 and HIV-2 antibodies and the p24 antigen, and enables detection of HIV-1 acute infection earlier than previous assays.[14]

2021: Quidel announced it would acquire Ortho Clinical Diagnostics Holdings for $6 billion in cash and stock, increasing the range of COVID-19 antigen and antibody tests the business is able to offer. [15]

Business operations edit

Ortho produces in-vitro diagnostics equipment and associated assays and reagents, serving the clinical laboratories and immunohematology sectors of the medical field.[16]
Ortho sells its products in more than 125 countries and is targeting emerging markets for future growth.[2]

References edit

  1. ^ "Ortho Clinical Diagnostics Leadership". Retrieved 6 July 2016.
  2. ^ a b Roumeliotis, Greg; O'Donnell, Carl (9 November 2017). "Carlyle explores sale or IPO of Ortho-Clinical Diagnostics". Reuters. Retrieved 19 December 2017.
  3. ^ "Who We Are". Ortho Clinical Diagnostics. Retrieved 6 July 2016.
  4. ^ Daneman, Matthew (16 January 2014). "Carlyle to buy Ortho-Clinical for $4.15 billion". Democrat and Chronicle. Retrieved 23 March 2014.
  5. ^ "News & Media | Carlyle".
  6. ^ "Ortho Clinical Diagnostics Appoints Industry Veterans to Board of Directors". 27 April 2015.
  7. ^ Flint, Peter B. (20 October 1987). "Dr. Philip Levine, 87, is Dead; Discovered Blood's Rh Factor". The New York Times.
  8. ^ . www.fda.gov. Archived from the original on 2009-07-09.
  9. ^ "Pharma commercial intelligence, news & analysis | Evaluate".
  10. ^ "Blood Donor Screening for Chagas Disease --- United States, 2006--2007".
  11. ^ "Carlyle Buys Johnson & Johnson Testing Division for $4.15 Billion".
  12. ^ "First Hospital Installs Ortho Vision Analyzer". News-Medical.net. 13 Nov 2015. Retrieved 6 July 2016.
  13. ^ Lawrence, Stacy (25 Apr 2016). "Ortho After the Carlyle Takeover: A Q&A with CEO Martin Madaus". Fierce Biotech. Retrieved 6 July 2016.
  14. ^ 360Dx Staff (18 December 2017). "Ortho Clinical Diagnostics Gets FDA Clearance for HIV Combo Test on Immunodiagnostic System". 360Dx.com. Retrieved 19 December 2017.{{cite web}}: CS1 maint: numeric names: authors list (link)
  15. ^ "Quidel to buy Ortho Clinical for $6 bln to boost diagnostics portfolio | Reuters". Reuters. 12 February 2024.
  16. ^ Porter, Kiel (6 December 2017). "Carlyle Is Said to Hire Banks for Ortho Clinical Diagnostics IPO". Bloomberg News. Bloomberg LP. Retrieved 19 December 2017.

External links edit

  • Official website  

ortho, clinical, diagnostics, quidelortho, vitro, diagnostics, company, that, made, products, diagnostic, equipment, blood, testing, ortho, served, primary, industries, medical, field, clinical, laboratories, producing, platforms, assays, that, test, variety, . Ortho Clinical Diagnostics now QuidelOrtho was an in vitro diagnostics company that made products and diagnostic equipment for blood testing Ortho served two primary industries in the medical field clinical laboratories by producing platforms and assays that test for a variety of diseases conditions and substances and immunohematology by providing the means to ensure blood transfusion recipients receive appropriate and compatible blood 3 Johnson and Johnson acquired Eastman Kodak s Clinical Diagnostics Division in 1994 to form Johnson amp Johnson Clinical Diagnostics which was then merged with Ortho Diagnostic Systems in 1997 QuidelOrtho s global corporate offices are in Raritan New Jersey while their global research and development center is in Rochester New York Ortho Clinical Diagnostics Holdings plcCompany typePublicIndustryMedical diagnosticsFounded1939 85 years ago 1939 Linden New Jersey U S Headquarters1001 US 202 Raritan New Jersey U S Area servedWorldwideKey peopleRobert Yates chairman Chris Smith chief executive officer Joseph M Busky CFO Michael Schlesinger CLO 1 Revenue 1 8 billion 2018 2 OwnerQuidel CorporationNumber of employees4 400 2019 Websiteorthoclinicaldiagnostics comIn 2014 The Carlyle Group purchased the company from Johnson amp Johnson for 4 15 billion Ortho Clinical Diagnostics now operated as an independent company 4 5 6 up until its acquisition by Quidel Corporation for 6 billion on May 27 2022 Contents 1 History 2 Business operations 3 References 4 External linksHistory edit1939 Ortho Products Inc is formed in Linden New Jersey as a division of Johnson amp Johnson 1944 Philip Levine in the field of hematology joins Ortho Products to continue his research into the mechanics of the Rh system in human blood 7 1997 Ortho Diagnostics Systems and Johnson amp Johnson Clinical Diagnostics merge and begin operating as Ortho Clinical Diagnostics citation needed 2001 Ortho becomes the first diagnostic company to receive US FDA approval for automated random access hepatitis tests 8 9 2006 Ortho launches the first FDA licensed test to screen blood donations for exposure to Chagas disease 10 2014 The Carlyle Group acquires Ortho Clinical Diagnostics for 4 15 billion 11 2015 Ortho receives FDA clearance for its ORTHO VISION Analyzer which automates the full range of immunohematology testing and helps improve the safety of blood transfusions by reducing laboratories reliance on manual methods 12 13 2017 FDA approves Ortho s HIV Combo test for the Vitros immunodiagnostic system The test detects both HIV 1 and HIV 2 antibodies and the p24 antigen and enables detection of HIV 1 acute infection earlier than previous assays 14 2021 Quidel announced it would acquire Ortho Clinical Diagnostics Holdings for 6 billion in cash and stock increasing the range of COVID 19 antigen and antibody tests the business is able to offer 15 Business operations editOrtho produces in vitro diagnostics equipment and associated assays and reagents serving the clinical laboratories and immunohematology sectors of the medical field 16 Ortho sells its products in more than 125 countries and is targeting emerging markets for future growth 2 References edit Ortho Clinical Diagnostics Leadership Retrieved 6 July 2016 a b Roumeliotis Greg O Donnell Carl 9 November 2017 Carlyle explores sale or IPO of Ortho Clinical Diagnostics Reuters Retrieved 19 December 2017 Who We Are Ortho Clinical Diagnostics Retrieved 6 July 2016 Daneman Matthew 16 January 2014 Carlyle to buy Ortho Clinical for 4 15 billion Democrat and Chronicle Retrieved 23 March 2014 News amp Media Carlyle Ortho Clinical Diagnostics Appoints Industry Veterans to Board of Directors 27 April 2015 Flint Peter B 20 October 1987 Dr Philip Levine 87 is Dead Discovered Blood s Rh Factor The New York Times Vitros Immunodiagnostic Products HBsAg Reagent Pack and Calibrator and HBsAg Confirmatory Kit P000044 www fda gov Archived from the original on 2009 07 09 Pharma commercial intelligence news amp analysis Evaluate Blood Donor Screening for Chagas Disease United States 2006 2007 Carlyle Buys Johnson amp Johnson Testing Division for 4 15 Billion First Hospital Installs Ortho Vision Analyzer News Medical net 13 Nov 2015 Retrieved 6 July 2016 Lawrence Stacy 25 Apr 2016 Ortho After the Carlyle Takeover A Q amp A with CEO Martin Madaus Fierce Biotech Retrieved 6 July 2016 360Dx Staff 18 December 2017 Ortho Clinical Diagnostics Gets FDA Clearance for HIV Combo Test on Immunodiagnostic System 360Dx com Retrieved 19 December 2017 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Quidel to buy Ortho Clinical for 6 bln to boost diagnostics portfolio Reuters Reuters 12 February 2024 Porter Kiel 6 December 2017 Carlyle Is Said to Hire Banks for Ortho Clinical Diagnostics IPO Bloomberg News Bloomberg LP Retrieved 19 December 2017 External links editOfficial website nbsp Retrieved from https en wikipedia org w index php title Ortho Clinical Diagnostics amp oldid 1206623601, wikipedia, wiki, book, books, library,

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