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Medical Specialties International Inc

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BUSINESS
October 5, 1994
Hycor Biomedical Inc. said Tuesday it has completed its purchase of Medical Specialties International Inc. Hycor, an Irvine-based developer of medical diagnostic equipment, said it paid $2 million cash and 200,000 shares of its own stock for Medical Specialties, a South Plainfield, N.J., company that develops blood testing technology. Based on Tuesday's Nasdaq closing price of $4.625 a share for Hycor's stock, the total value of the transaction is about $2.9 million.
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BUSINESS
October 5, 1994
Hycor Biomedical Inc. said Tuesday it has completed its purchase of Medical Specialties International Inc. Hycor, an Irvine-based developer of medical diagnostic equipment, said it paid $2 million cash and 200,000 shares of its own stock for Medical Specialties, a South Plainfield, N.J., company that develops blood testing technology. Based on Tuesday's Nasdaq closing price of $4.625 a share for Hycor's stock, the total value of the transaction is about $2.9 million.
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BUSINESS
January 25, 1999 | (John O'Dell)
Hycor Biomedical Inc. said it expects to report a fourth-quarter loss of about $5.5 million, or 77 cents a share, after taking a $5.3-million noncash write-down related to tax accounting changes and to reduction of the value of "goodwill" booked when the company acquired Medical Specialties International Inc. last year. Garden Grove-based Hycor said revenue for the fourth quarter should drop about 10% to $4.7 million from $5.2 million.
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