NEWS
Industry News STAT-Technologies, FDI Medical merger announced
Henry Schein’s Stanley Bergman honored by The National Hispanic Health Foundation
STAT-Technologies, Inc. (Golden Valley, MN), a medical supply distributor specializing in point-of-care and CLIAwaived technology and wellness screening technology, has merged with FDI Medical (Natick, MA), an independent medical distributor allocating preventative and diagnostic health testing products.
Stanley Bergman, chairman of the board and chief executive officer at Henry Schein, Inc. (Melville, NY), was honored by The National Hispanic Health Foundation (NHHF) for his leadership in helping to improve health equity and supporting the needs of Hispanic communities and health professionals. The NHHF is the philanthropic arm of the National Hispanic Medical Association (NHMA) and it honored BergStanley Bergman man at its 18th Annual New York Hispanic Health Professional Student Scholarship Gala. Henry Schein has supported the mission of NHHF and NHMA to recruit more members of the Hispanic community into healthcare careers, advocate for increased Hispanic faculty at dental and medical schools, and expand access to and improve equity in healthcare. Most recently, the Henry Schein Cares Foundation has supported the efforts of NHHF and NHMA to reduce vaccine hesitancy and bridge cultural barriers to vaccine access in Latino communities, including the “Vaccinate for All” campaign, which includes cultural competency tools to engage and encourage Latino and Hispanic Americans to get vaccinated.
Perry Witkin, president of STAT-Technologies, said: “The FDI team is world class and is passionate about the same things we are – consulting with customers to make the best point-of-care medical test purchases possible. Like STAT-Technologies, FDI selects the highest quality products to distribute to their customers and provides exceptional customer service. In an increasingly competitive and specialized environment, by combining our operations and staff we significantly expand our product offerings and access to resources for our customers. In addition, Greg Lunt, who has been our friend for 20 years, and the FDI sales staff will be staying on with us to ensure a smooth transition and continued growth.” Greg Lunt, president of FDI Medical, said: “The healthcare industry is advancing faster than ever before, so constant improvements and access to economies of scale in including supply chain, warehousing and financing is a priority for us. Having the ability to better serve all of our customers was a driving factor for our merger with STAT-Technologies.”
Investors entering into supply chain technology at fast pace Companies that exceed $1 billion valuations are jumping into the logistics sector to help digitize the world’s supply chain operations. Large investment funds are injecting money in at a fast pace for digitally focused ventures in freight, delivery and warehousing. Supply chain technology startups raised $24.3 billion in venture funding in the first three quarters of 2021, 58% more than the full year total for 2020, according to the Wall Street Journal.
Quidel Corp. signs definitive agreement to acquire Ortho Clinical Diagnostics for approx. $6B Quidel Corp. (San Diego, CA) and Ortho Clinical Diagnostics Holdings plc (Raritan, NJ) have entered into a definitive agreement in which Quidel will acquire Ortho, one of the world’s largest in vitro diagnostics companies, for $24.68 per share of common stock using a combination of cash and newly issued shares in the combined company for an equity value of approximately $6 billion. The transaction is expected to close during the first half of fiscal year 2022, subject to customary closing conditions. www.repertoiremag.com
•
February 2022
55
