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Alere history
Alere company history timeline
The company changed its name from SelfCare to Inverness Medical Technology (IMT) in 2000.
Average Alere life expectancy in 2002 was 62 years.
In 2005, the FDA publicly warned HemoSense, after they reviewed the test strips and test meters, that there were serious regulatory problems.
In 2006, the FDA investigated HemoSense again regarding the INRatio test strips.
In 2007, Alere entered into a joint venture, named Swiss Precision Diagnostics, with Procter & Gamble for the sales and marketing of its consumer diagnostics products.
In 2009, Alere won two awards in the 16th Annual National Health Information program, which recognizes the United States’s best consumer health information programs and materials.
In 2010, the company changed its name to Alere and began trading under the ticker ALR in NYSE.
In 2013, the company completed the acquisition of Epocal, Inc.
In early 2015, Alere divested its Alere Health management activities to Optum.
In February 2016, Abbott Laboratories announced it would acquire Alere Inc for $5.8 billion.
On October 3, 2017, Abbott closed the Alere acquisition at the reduced price of $5.3 billion, making the surviving entity the market leader player in the $7 billion point-of-care diagnostic space within the broader $50 billion in-vitro diagnostics market with this takeover.
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Alere competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Medtronic | 1949 | $17.0B | 104,950 | 2,597 |
| Genentech | 1976 | $166.9M | 13,638 | 645 |
| MicroPort | 1998 | $444.2M | 5,000 | 8 |
| Hologic | 1985 | $4.0B | 6,478 | 507 |
| Bio-Rad Laboratories | 1952 | $2.8B | 8,250 | 70 |
| Alcon | 1945 | $9.9B | 20,001 | 375 |
| Immucor | 1982 | $380.0M | 1,125 | - |
| IDEXX | 1983 | $3.9B | 9,300 | 199 |
| Mtf | - | $3.6M | 50 | - |
| HealthTronics | 1972 | $21.4M | 658 | 16 |
Alere history FAQs
Zippia gives an in-depth look into the details of Alere, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Alere. The employee data is based on information from people who have self-reported their past or current employments at Alere. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Alere. The data presented on this page does not represent the view of Alere and its employees or that of Zippia.
Alere may also be known as or be related to ALERE INC., Abbott, Alere, Alere Inc, Alere Inc., Alere, Inc. and Inverness Medical Innovations, Inc.