ORANGE COUNTY, Calif. (August 5, 2024) – Beckman
Coulter, Inc. (NYSE: BEC), a leading developer, manufacturer, and
marketer of products that simplify, automate and innovate complex
biomedical testing, today announced a record contract with CML
HealthCare ("CML") of Toronto, Canada. According to the company,
the deal represents the largest contract of any Canadian
diagnostics company for a single testing site.
Valued at an estimated $25 to $30 million over five years,
Beckman Coulter will deliver nine of its flagship immunoassay
(UniCel DxI 800) instruments, six chemistry (AU5421) systems and
three full automation lines to CML. The new chemistry systems are
upgrades to the existing Beckman Coulter systems already installed
at CML.
"We are delighted to deepen our partnership with CML HealthCare,
a leading provider of laboratory services in the province of
Ontario, delivering the highest levels of quality healthcare," said
Scott Garrett, chairman, president and CEO, Beckman Coulter. "Our
instrument systems are proven to help improve diagnostic analysis
and reduce the cost of care—a winning combination for CML
HealthCare and every patient within its remarkable, efficient and
innovative network."
CML HealthCare is a community provider of laboratory services
with 121 licensed specimen collection centers and one licensed lab
that process over 140,000 tests daily. The CML HealthCare network
includes 110 medical imaging centers in five provinces across
Canada with 79 locations in Ontario, 19 in British Columbia, nine
in Alberta, two in Manitoba, and one in Quebec. CML HealthCare's
business also includes 23 medical imaging centers in the U.S.
Northeast with 17 centers in Maryland, five in Rhode Island and one
in Delaware.
"We are driven by our commitment of providing Care,
Confidence, and Comfort to our stakeholders using the highest
quality diagnostic services available," said Paul Bristow,
president and CEO, CML HealthCare. "Beckman Coulter's own pursuit
of quality, science and innovation allows us to keep our promise to
the millions of patients that we serve."
About CML HealthCare
For more than 35 years, CML HealthCare has been providing
high-quality diagnostic care. As the largest provider of medical
imaging services in Canada, a leading community-based provider of
laboratory testing services in Ontario, and a leading provider of
medical imaging services in the U.S. Northeast, our clinics play a
critical role in managing the health of millions of patients.
About Beckman Coulter, Inc.
Beckman Coulter, Inc., based in Orange County, California,
develops, manufactures and markets products that simplify,
automate and innovate complex biomedical tests. More than
200,000 Beckman Coulter systems operate in laboratories around the
world, supplying critical information for improving patient health
and reducing the cost of care. Recurring revenue, consisting of
consumable supplies (including reagent test kits), service and
operating-type lease payments, represent about 80 per cent of the
company's 2009 revenue of $3.3 billion. For more information, visit
www.beckmancoulter.com.
Contacts:
Mary Luthy, Beckman Coulter
Corporate Communications
(714) 961-6364
mluthy@beckman.com
Cynthia Skoglund, Beckman Coulter
Investor Relations
(714) 961-6320
cgskoglund@beckman.com
Alice Dunning, MBA, CFA, CML HealthCare
Director, Corporate Communications
905-565-0043 Ext. 3472
dunninga@cml.ca
SOURCE