perkinelmer oxford immunotecPerkinElmer (NYSE:PKI) announced today that it completed its previously announced acquisition of Oxford Immunotec.

Under the acquisition agreement announced in January, London-based Oxford Immunotec’s shareholders will be entitled to receive $22 for each outstanding ordinary share, with the terms of the acquisition valuing Oxford Immunotec’s entire issued and to-be-issued ordinary share capital at $591 million.

Get the full story at our sister site, Drug Delivery Business News.