SG's medtech firm Biolidics acquires laboratory operator Biomedics

SG's medtech firm Biolidics acquires laboratory operator Biomedics

A technician handles a sample at a laboratory. Photographer: Anthony Kwan/Bloomberg

Singapore-listed medical technology company Biolidics Limited announced that it is acquiring laboratory operator Biomedics Laboratory for a consideration of up to S$3.7 million ($2.6 million).