Annual Awards Program Recognizes Medical-Surgical Market Leaders
CINCINNATI--(BUSINESS WIRE)--Jun. 4, 2009--
Meridian Bioscience (NASDAQ: VIVO) today announced that it is a
recipient of a 2009 GHX Best in Class Award for achieving the highest
year-over-year market share growth for distributed products in the
Microbiology Reagents/Supplies product category for the 2008 calendar
year.
Meridian Bioscience was among the 30 leading medical-surgical product
manufacturers recognized by GHX in five market segments and 35 product
categories, ranging from cardiovascular devices to skin-care products.
Winners were determined using GHX Market intelligence reports that
analyze national distributed sales transaction data.
Todd Motto, Vice President, Sales & Marketing for Meridian Bioscience
stated, “We are extremely grateful to GHX for recognizing Meridian
Bioscience with this award. Our market share gains are indicative of the
value our customers place in our high quality products. It is clear that
labs across the United States and in international markets recognize the
value our products can deliver to the overall healthcare system through
accurate diagnostic information that can aide treatment decisions and
therefore reduce overall costs. That benefit could not be more
meaningful in today’s economic climate.”
“We are extremely pleased to honor Meridian Bioscience for its
leadership position in the Microbiology Reagents/Supplies product
category,” said Ed McCauley, general manager, GHX Market Intelligence.
“Despite the down economy, Meridian Bioscience grew 19.97 percent in
2008, while the overall market segment grew 7.86 percent.”
With information provided by 27 of the nation’s leading distributors,
GHX Market Intelligence tracks and reports on more than $34 billion of
distributed sales for medical-surgical and clinical laboratory supplies
and devices. It is the only comprehensive source for accurate, detailed
and timely data for the acute and alternate site healthcare markets,
containing geographically relevant and competitive market share, size
and average selling price reporting down to the three-digit ZIP code
level.
Meridian Bioscience is a fully integrated life science company that
manufactures, markets and distributes a broad range of innovative
diagnostic test kits, purified reagents and related products and offers
biopharmaceutical enabling technologies. Utilizing a variety of methods,
these products and diagnostic tests provide accuracy, simplicity and
speed in the early diagnosis and treatment of common medical conditions,
such as gastrointestinal, viral and respiratory infections. Meridian’s
diagnostic products are used outside of the human body and require
little or no special equipment. The Company's products are designed to
enhance patient well-being while reducing the total outcome costs of
healthcare. Meridian has strong market positions in the areas of
gastrointestinal and upper respiratory infections, serology,
parasitology and fungal disease diagnosis. In addition, Meridian is a
supplier of rare reagents, specialty biologicals and related
technologies used by biopharmaceutical companies engaged in research for
new drugs and vaccines. The Company markets its products and
technologies to hospitals, reference laboratories, research centers,
veterinary testing centers, physician offices, diagnostics manufacturers
and biotech companies in more than 60 countries around the world. The
Company’s shares are traded through NASDAQ’s Global Select Market,
symbol VIVO. Meridian's website address is www.meridianbioscience.com.
About GHX
As the business hub for healthcare, GHX enables healthcare providers and
suppliers in North America and Europe to reduce costs and improve
margins by automating processes, reducing operating expenses and
increasing knowledge-based decision making. Products and services
include trading partner connectivity, order and contract management and
validation, data synchronization, sales force automation and business
intelligence. Equity owners of GHX are Abbott Exchange, Inc.;
AmerisourceBergen Corp.; Baxter Healthcare Corp.; B Braun Medical Inc.;
Becton, Dickinson & Co.; Boston Scientific Corp.; Cardinal Health, Inc.;
Covidien; C.R. Bard, Inc.; Fisher Scientific International, Inc.; GE
Healthcare; HCA; Johnson & Johnson Health Care Systems Inc.; McKesson
Corp.; Medtronic USA, Inc.; Owens & Minor; Premier, Inc.; Siemens;
University HealthSystem Consortium; and VHA Inc. For more information,
visit www.ghx.com.
Source: Meridian Bioscience
Meridian Bioscience
John A. Kraeutler, Chief Executive Officer,
513-271-3700