Abbott Informatics

Abbott Informatics is a subsidiary of Abbott Laboratories that develops and sells off-the-shelf laboratory information management systems (LIMS); Software solutions that manage the collection, processing, storage, retrieval and analysis of information generated in laboratories .

The company was founded by Itschak Friedman in Israel in 1986, was originally named Laboratory Information Management Systems, and developed laboratory information management system (LIMS) software called “Starlims”; The company itself eventually was renamed to Starlims. [1] By 2005 the company’s software was installed at the US Centers for Disease Control and Prevention . [2] The company Held icts IPO in the US in 2007. [3] Friedman served as CEO up to the company Was Acquired by Abbott Laboratories in 2009 for $ 123 million; At that time the company had 160 employees and most of its operations and sales were in the US, the UK, And Hong Kong. [1] By the time of the sale, Starlims was offered as a web application . [4] Abbott intended to fold Starlims’ product offerings into its other health information technology businesses to strengthen its clinical diagnostics business. [4]

In 2014 Abbott changed the subsidiary’s name from Starlims to Abbott Informatics. [5] [6]

References

  1. Jump up to:a b Zalik, Nir (16 December 2009). “Abbott Buying Starlims Corp” . Haaretz .
  2. Jump up^ Gavison, Yoram (8 April 2005). “LIMS Boards String of Major Contracts” . Haaretz .
  3. Jump up^ Gelsi, Steve (May 4, 2007). “Starlims Tech files $ 37 mln IPO” . MarketWatch.com . Retrieved November 20, 2008 .
  4. ^ Jump up to:a b Elaine, Meyer (December 15, 2009). “Abbott To Buy Starlims In $ 123M Cash Deal – Law360” . Law360 .
  5. Jump up^ “Abbott Informatics Europe Limited – Filing history” . Companies House . Retrieved 29 May 2017 .
  6. Jump up^ “Change of Name notice” . Florida Department of State Corporations Division. 30 May 2014 . Retrieved 29 May 2017 .

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