Biopool International retains investment banking firms to identify potential acquisitions.VENTURA, Calif.--(BUSINESS WIRE)--April 23, 1996--Biopool International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BIPL BIPL Biphase Level ) Tuesday announced it has retained two investment banking firms, Commonwealth Associates and HealthCare Capital Advisors, to identify, evaluate, structure and finance one or more strategic acquisitions. Commonwealth Associates is a full-service investment banking firm specializing in the high-technology and health care industries. The company finances and advises private and public companies in the emerging market. HealthCare Capital is based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and provides corporate financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to public and private health care companies. Michael D. Bick, Ph.D., chairman and chief executive officer of Biopool, stated: "Biopool operates in a fragmented industry, which we believe offers many opportunities for external growth through acquisition. It is our goal to pursue this avenue of growth by seeking to acquire existing product lines that will expand our presence in the in vitro in vitro /in vi·tro/ (in ve´tro) [L.] within a glass; observable in a test tube; in an artificial environment. in vi·tro adj. In an artificial environment outside a living organism. diagnostic marketplace, technology that can be used in diagnostic applications and which has demonstrated commercial feasibility, and/or a distributor that will strengthen our presence in the marketplace." Founded in 1987, Biopool International develops, manufactures and markets a full range of test kits to assess and diagnose disorders of blood coagulation, thrombotic risk factors, fibrinolysis fibrinolysis /fi·bri·nol·y·sis/ (fi?brin-ol´i-sis) dissolution of fibrin by enzymatic action.fibrinolyt´ic fi·bri·nol·y·sis n. pl. , platelet function and the vascular system, as well as specialty chemistry controls used to monitor and measure the presence of drugs of abuse. The company's products are sold to hospitals and clinical and reference laboratories on a worldwide basis through an extensive network of distributors. CONTACT: Biopool International Inc., Ventura Michael D. Bick, 805/654-0643 or Silverman Heller Associates, Los Angeles Lynne P. Farris, 310/208-2550 |
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