Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $48.76 USD
Change Today +0.08 / 0.16%
Volume 177.4K
ALR On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:02 PM 04/28/15 All times are local (Market data is delayed by at least 15 minutes).

alere inc (ALR) Snapshot

Open
$48.49
Previous Close
$48.68
Day High
$49.00
Day Low
$47.65
52 Week High
04/9/15 - $50.61
52 Week Low
04/30/14 - $31.94
Market Cap
4.1B
Average Volume 10 Days
264.7K
EPS TTM
$-1.46
Shares Outstanding
84.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ALERE INC (ALR)

alere inc (ALR) Related Businessweek News

View More BusinessWeek News

alere inc (ALR) Details

Alere Inc. provides point-of-care diagnostics and services for infectious and cardiometabolic diseases, and toxicology and in the United States and internationally. It operates in three segments: Professional Diagnostics, Patient Self-Testing, and Consumer Diagnostics. The Professional Diagnostics segment provides diagnostic test products and other in vitro diagnostic tests to medical professionals and laboratories for detection of diseases and conditions in the areas of viral hepatitis; respiratory syncytial virus; influenza; pneumonia; tuberculosis; human immunodeficiency virus/acquired immunodeficiency syndrome; gastrointestinal disease; vector-borne diseases, such as malaria and dengue; and herpes and other sexually-transmitted diseases, as well as diabetes, high blood pressure, high cholesterol, metabolic syndrome, coronary artery disease, heart attack, and heart failure and stroke. The Patient-Self Testing segment provides home monitoring patient self-testing services that support anticoagulation management through frequent self-testing by patients who take warfarin to control their risk for stroke and clotting disorders. The Consumer Diagnostics segment provides products for over-the-counter pregnancy and fertility/ovulation test markets; and over-the-counter drug tests for at-home testing and cholesterol monitoring under the First Check brand name, as well as vaginal gel for the treatment of bacterial vaginosis without antibiotics. Alere Inc. markets its professional diagnostic products to hospitals, reference laboratories, physician offices, and other point-of-care settings through its sales force and distribution networks; and First Check consumer drug testing products through retail drug stores, drug wholesalers, groceries, and mass merchandisers. The company was formerly known as Inverness Medical Innovations, Inc. and changed its name to Alere Inc. in July 2010. Alere Inc. was founded in 1981 and is headquartered in Waltham, Massachusetts.

9,800 Employees
Last Reported Date: 03/5/15
Founded in 1981

alere inc (ALR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Executive officer
Total Annual Compensation: $408.8K
Compensation as of Fiscal Year 2013.

alere inc (ALR) Key Developments

Alere Inc. Receives FDA Clearance for Alere i Strep A Rapid Molecular Test

Alere Inc. announced that its Alere i Strep A test has received marketing clearance from the U.S. Food and Drug Administration (FDA). Alere i Strep A is the first molecular test that detects Group A Streptococcus (GAS) bacteria in throat swab specimens in 8 minutes or less. Upon receipt of this clearance from the FDA, Alere submitted an application for CLIA (Clinical Laboratory Improvement Amendments) waiver of the Alere i Strep A test. Other assays currently in development on the Alere i platform include respiratory syncytial virus (RSV), C. difficile and Chlamydia/Gonorrhoea. The Alere i molecular platform was initially cleared for marketing by the FDA for the detection and differentiation of influenza A and B virus in June 2014. In January 2015, Alere i Influenza A & B became the first-ever molecular test to receive CLIA waiver, which allows for broad use by healthcare providers, ranging from hospitals and physician offices to clinics and other healthcare settings. Expanding the menu on the Alere i platform to include Strep A and potentially other assays increases the utility of the platform for a wider range of users. Furthermore, given the less seasonal nature of Strep A, its addition enhances the value of the platform for users on a year-round basis.

Alere Inc. Announces Executive Changes

Alere Inc. announced that James F. Hinrichs will be appointed Executive Vice President and Chief Financial Officer, effective April 6, 2015, with global responsibility for Finance, Procurement, IT and Shared Services. Hinrichs succeeds David Teitel who will remain with the company during a transition period. Hinrichs joins Alere with nearly 25 years of experience in financial and executive leadership roles across the healthcare industry. He most recently served as the CFO of CareFusion.

Alere Announces Resignation of David Teitel as Chief Financial Officer Transition

Alere Inc. announced that David Teitel, the company's Chief Financial Officer (CFO), will transition from the role of Chief Financial Officer when a suitable successor is hired. Mr. Teitel intends to continue in the CFO role until his successor is named and to work closely with the management team, including the new CFO, to facilitate a smooth and successful transition of his responsibilities.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ALR:US $48.76 USD +0.08

ALR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bio-Rad Laboratories Inc $136.31 USD +1.37
BioMerieux €97.00 EUR -1.29
PerkinElmer Inc $51.76 USD +0.22
STERIS Corp $69.51 USD +0.59
Teleflex Inc $123.30 USD +0.02
View Industry Companies
 

Industry Analysis

ALR

Industry Average

Valuation ALR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.6x
Price/Book 3.0x
Price/Cash Flow 414.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALERE INC, please visit www.alere.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.