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Alere Inc. Message Board

  • cholee65 cholee65 Mar 13, 2011 10:54 PM Flag

    Alere's deal for Adnagen.

    Oncovista sold their subsidiary Adnagen to Alere. Oncovista or OVIT is ran by the former co-founder of Ilex Oncology's. They finished off the deal in November giving them $64.7 million in potential milestones from selling their german diagnostics company to Alere Holdings!!! Alex Weis the CEO of Oncovista's last company Ilex Oncology sold to Genzyme for a billion dollars. OVIT's market cap is only $10 million!!!

    Check out the major insider buying by management in OVIT, this could be great buy signals for investors!!!

    OVIT's stock price is below $1....

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