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ALERE INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2017 10-Q, filed Aug 3, 2017. Its latest SEC filing is a SC 13G/A from Feb 14, 2018.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Sells rapid diagnostic tests and patient-monitoring products for infectious, cardiometabolic and toxicology conditions to healthcare providers and patients.

Who Were Their Customers?

Hospitals, reference laboratories and physician offices buy professional products through Alere’s sales force or third-party distributors. Arriva Medical mails diabetes supplies to patients; most consumer diagnostic products are sold to SPD for retail sale.

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q2 FY2017, the three months to Jun 30, 2017
Revenue
▼ −9%
vs $610.3M in Q2 FY2016
Net income
▲ +182% (Loss)
vs −$33M in Q2 FY2016
  • Oct 3, 2017 Alere completes the merger and repays its credit agreement Alere also redeemed its $425 million of senior subordinated notes.
  • Sep 19, 2017 Amended agreement to sell the Triage MeterPro business The agreement addresses regulatory orders and requires the merger and regulatory approvals before closing.
  • Jul 21, 2017 Agreed to sell Epocal and its blood analysis system
  • Jul 17, 2017 Agreed to sell Triage and BNP businesses to Quidel

From connected health to diagnostics The older report described diagnostics alongside health information software, clinical decision tools and care programs. The latest report emphasizes rapid diagnostic tests and says Alere sold its health management business.

Who Did They Compete With?

Competes with Becton Dickinson, Abbott, Danaher, Ortho-Clinical Diagnostics, Roche, Siemens, Meridian Bioscience, Quidel, Trinity, Hologic, INOVA Diagnostics, DiaSorin, Diamedix, Remel, Biokit, Bio-Rad Laboratories, Immuno Concepts, Instrumentation Laboratories, Nova Medical, and Radiometer

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