Danahers Integrated DNA Technologies acquires Swift Biosciences

No financial details disclosed with Danaher deal

  • Integrated DNA Technologies, an operating company of Danaher Corporation s has announced the acquisition of Swift Biosciences, a developer of Next-Generation Sequencing (NGS") library preparation genomics kits for research use.
  • The financial terms of the transaction were not disclosed. Following the acquisition, Swift will continue to operate from its existing facilities in Ann Arbor, Michigan.
  • The synergies between IDT and Swift make this acquisition an excellent fit," said Nathan Wood, President, and CEO of Swift.
  • Their broad portfolio of library preparation and enrichment products are highly complementary to IDTs existing NGS product line," noted Trey Martin IDT President of Swifts product offerings.
  • In 2019, Danaher spent $21.4B to acquire the biopharma business of General Electric which had generated $3B in revenue for GE Life Sciences in 2018.

    For this year the company from Washington could earn a total revenue around 26.16 billion USD. This is according to the average of the analysts' estimates. This is hugely more than 2020's revenue of 22.28 billion USD.

    Historical revenues and results Danaher plus estimates 2020

    aandelenanalyse

    The analysts expect for 2021 a net profit of 5.65 billion USD. Most of the analysts anticipate on a profit per share of 7.63 USD. The price/earnings-ratio is then 28.07.

    Per share the analysts expect a dividend of 71 cents per share. Thus the dividend yield equals 0.33 percent. The average dividend yield of the diversified companies equals a low 0.92 percent.

    Based on the current number of shares Danaher 's market capitalization equals 148.93 billion USD. The Danaher stock was the past 12 months quite unstable. Since last March the stock is even 68 percent higher. This year the stock price moved between 120 and 249 dollar.

    Historical stock prices Danaher from 2007 till 2021

    financial analysis danaher

    Click here for dividend Danaher. On Wednesday the stock closed at 214.14 USD.

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