Amersham Plc - History

History

The company had its roots from a national centre set up in 1946 for the development and manufacture of radioactive materials for peacetime uses in medicine, scientific research and industry. This centre originated in the United Kingdom Atomic Energy Authority (UKAEA) but in 1971 was split out into The Radiochemical Centre Ltd. The company was privatised in 1982 under the name Amersham International plc. It was the first company to be privatised by the Thatcher government.

In the early 1990s, the in-vitro diagnostic assay business was divested to a joint venture with Eastman Kodak called Amerlite Diagnostics Ltd, this was later wholly acquired by Eastman Kodak and renamed Kodak Clinical Diagnostics Ltd. This business was sold by Kodak to Johnson & Johnson and became known as Johnson & Johnson Clinical Diagnostics Ltd. The business is now called Ortho-Clinical Diagnostics Ltd, but is still owned by Johnson & Johnson.

In 1997 Pharmacia Biotech (Sweden), then owned by Pharmacia & Upjohn, was fused with Amersham Life Science and renamed Amersham Pharmacia Biotech. The Pharmacia name of this subsidiary was later dropped when Pharmacia & Upjohn sold its share of the company to Amersham plc, and changed its name to Amersham Biosciences in 2001.

In 1997, Amersham merged with Nycomed (Norway) to form Nycomed Amersham plc. In 1999, the Nycomed Pharma subsidiary was sold to Nordic Capital, and in 2001 Nycomed Amersham plc was renamed to Amersham plc.

In 2004, Amersham was acquired by the American firm General Electric (GE) and incorporated into the GE Healthcare business segment.

Read more about this topic:  Amersham Plc

Famous quotes containing the word history:

    Literary works cannot be taken over like factories, or literary forms of expression like industrial methods. Realist writing, of which history offers many widely varying examples, is likewise conditioned by the question of how, when and for what class it is made use of.
    Bertolt Brecht (1898–1956)

    ... that there is no other way,
    That the history of creation proceeds according to
    Stringent laws, and that things
    Do get done in this way, but never the things
    We set out to accomplish and wanted so desperately
    To see come into being.
    John Ashbery (b. 1927)

    It takes a great deal of history to produce a little literature.
    Henry James (1843–1916)