bioMerieux SA - Company Profile
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bioMerieux SA (bioMerieux), a subsidiary of Institut Merieux SA, is one of the leading providers of in vitro diagnostics (IVD) for medical and industrial applications. It designs, develops, manufactures and markets systems used in clinical applications. The company also specializes in microbiology, immunoassay, molecular diagnostics, chemistry, information technologies, engineering, quality assurance and regulatory affairs. Focus on R&D activities, global presence, and financial performance are its strengths even as limited liquidity position could be a major cause for concern to the company. bioMerieux could benefit from the corporate expansion, global diagnostic imaging market, and strategic acquisition. However, uncertainty in R&D outcomes, stringent governmental regulations, and stiff competition could hamper its growth.
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