Zoetis acquires Scandinavian Micro Biodevices

Purchase extends Zoetis pipeline in diagnostics for veterinary use.

Zoetis Inc. announced Aug. 8 that it has completed the purchase of Scandinavian Micro Biodevices (SMB), a pioneer in developing and manufacturing microfluidic “lab on a chip” diagnostic analyzers and tests for veterinary point-of-care services.

Zoetis said the $80 million acquisition adds to its complementary point-of-care diagnostics portfolio, giving the company an expanded and promising pipeline in this fast-growing segment of the animal health industry.

Privately held SM

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