Newcastle healthcare tech firm OLM Diagnostics was acquired by a US manufacturer and distributor.
Launched 10 years ago, OLM Diagnostics develops fungal diagnostic products which can reduce the rate of drug resistant infections – which can save hospitals money while also improving patient care. The business says a bright future is now unfolding after it was snapped up for an undiclosed amount by IMMY, an Oklahoma business which has been manufacturing, marketing, and distributing lines of diagnostic tests and reagents for infectious diseases since 1979.
Ged McGonnell, the founder and a director of OLM Diagnostics, added:…
