Company:Ortho Clinical Diagnostics
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| Type | Public |
|---|---|
| Industry | Medical diagnostics |
| Founded | 1939 Linden, New Jersey, U.S. |
| Headquarters | 1001 US-202, Raritan, New Jersey , U.S. |
Area served | Worldwide |
Key people |
|
| Revenue | $1.8 billion (2018)[2] |
| Owner | Quidel Corporation |
Number of employees | 4,400 (2019) |
| Website | orthoclinicaldiagnostics.com |
Ortho Clinical Diagnostics is an in vitro diagnostics company that makes products and diagnostic equipment for blood testing. Ortho serves 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. Ortho's global corporate offices are in Raritan, New Jersey, while their global research and development center is in Rochester, New York.
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
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]
Business operations
Ortho produces in-vitro diagnostics equipment and associated assays and reagents, serving the clinical laboratories and immunohematology sectors of the medical field.[15]
Ortho sells its products in more than 125 countries and is targeting emerging markets for future growth.[2]
References
- ↑ "Ortho Clinical Diagnostics Leadership". https://www.orthoclinicaldiagnostics.com/en-us/home/about-us.
- ↑ 2.0 2.1 Roumeliotis, Greg; O'Donnell, Carl (9 November 2017). "Carlyle explores sale or IPO of Ortho-Clinical Diagnostics". Reuters. https://www.reuters.com/article/us-orthoclinicaldiagnostics-m-a-exclusiv/exclusive-carlyle-explores-sale-or-ipo-of-ortho-clinical-diagnostics-sources-idUSKBN1DA0IW.
- ↑ "Who We Are". http://orthoclinical.com/en-us/about-us/who-we-are.
- ↑ Daneman, Matthew (16 January 2014). "Carlyle to buy Ortho-Clinical for $4.15 billion". Democrat and Chronicle. http://www.democratandchronicle.com/story/money/business/2014/01/16/carlyle-to-buy-ortho-clinical-for-415-billion/4509503/.
- ↑ "News & Media | Carlyle". https://www.carlyle.com/news-room/news-release-archive/carlyle-group-completes-acquisition-ortho-clinical-diagnostics-inc-oc.
- ↑ "Ortho Clinical Diagnostics Appoints Industry Veterans to Board of Directors". 27 April 2015. http://www.businesswire.com/news/home/20150427006258/en/Ortho-Clinical-Diagnostics-Appoints-Industry-Veterans-Board.
- ↑ Flint, Peter B. (20 October 1987). "Dr. Philip Levine, 87, is Dead; Discovered Blood's Rh Factor". The New York Times. https://www.nytimes.com/1987/10/20/obituaries/dr-philip-levine-87-is-dead-discovered-blood-s-rh-factor.html.
- ↑ "Vitros Immunodiagnostic Products HBsAg Reagent Pack and Calibrator, and HBsAg Confirmatory Kit - P000044". https://www.fda.gov/MedicalDevices/ProductsandMedicalProcedures/DeviceApprovalsandClearances/Recently-ApprovedDevices/ucm088991.htm.
- ↑ "Pharma commercial intelligence, news & analysis | Evaluate". http://www.evaluategroup.com/Universal/View.aspx?type=Story&id=13728.
- ↑ "Blood Donor Screening for Chagas Disease --- United States, 2006--2007". https://www.cdc.gov/mmwr/preview/mmwrhtml/mm5607a2.htm.
- ↑ "Carlyle Buys Johnson & Johnson Testing Division for $4.15 Billion". https://dealbook.nytimes.com/2014/01/16/carlyle-buys-johnson-johnson-testing-division-for-4-15-billion/?_r=0.
- ↑ "First Hospital Installs Ortho Vision Analyzer". News-Medical.net. 13 Nov 2015. http://www.news-medical.net/news/20151113/First-hospital-installs-Ortho-Vision-Analyzer.aspx.
- ↑ Lawrence, Stacy (25 Apr 2016). "Ortho After the Carlyle Takeover: A Q&A with CEO Martin Madaus". Fierce Biotech. http://www.fiercebiotech.com/medical-devices/ortho-after-carlyle-takeover-a-q-a-ceo-martin-madaus.
- ↑ 360Dx Staff (18 December 2017). "Ortho Clinical Diagnostics Gets FDA Clearance for HIV Combo Test on Immunodiagnostic System". https://www.360dx.com/regulatory-news/ortho-clinical-diagnostics-gets-fda-clearance-hiv-combo-test-immunodiagnostic-system.
- ↑ Porter, Kiel (6 December 2017). "Carlyle Is Said to Hire Banks for Ortho Clinical Diagnostics IPO". Bloomberg News (Bloomberg LP). https://www.bloomberg.com/news/articles/2017-12-06/carlyle-is-said-to-hire-banks-for-ortho-clinical-diagnostics-ipo.
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