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Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:10 EDTCGOrtho-Clinical Diagnostics, Astute Medical to develope acute kidney injury tests
Ortho-Clinical Diagnostics announced it has entered into a strategic partnership with Astute Medical, under which OCD will become the exclusive commercial partner for the distribution of Astute’s NEPHROCHECK Test and ASTUTE140 Meter in certain markets in Europe and, pending FDA clearance, the United States. On June 30, OCD became an independent, stand-alone diagnostics company with a renewed commitment to expand market reach with differentiated platforms and menus to better serve lab customers. Under the agreement, OCD also receives a semi-exclusive license to develop, manufacture and sell the NEPHROCHECK Test for use on its VITROS line of automated, high-volume testing platforms. In addition, as part of this strategic agreement, OCD has made a $15M equity investment in Astute Medical. Astute will be responsible for manufacturing the Astute NEPHROCHECK Test for use on the ASTUTE140 Meter in all markets and will collaborate with OCD on the sale of the NEPHROCHECK Test.
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November 24, 2014
18:16 EDTCGCarlyle Group looks to raise $5B for long life fund, Bloomberg says
Carlyle Group is looking to raise as much as $5B for a fund that can hold stakes in companies for up to 20 years, Bloomberg reports. Reference Link
November 19, 2014
07:37 EDTCGCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 12, 2014
13:54 EDTCGCarlyle Group interested in Serco units for sale, Sky News reports
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07:28 EDTCGBofA/Merrill to hold a conference
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