Inverness Medical Technology, Inc. acquired by Johnson & Johnson

Inverness Medical Technology, Inc. (AMEX:IMA) is a publicly-held developer, manufacturer, and marketer of innovative products focused primarily on diabetes self-management. Covington Associates advised IMA in the $1.3 billion sale to Johnson & Johnson (NYSE:JNJ), the world’s most comprehensive and broadly-based manufacturer of health care products and related services. >Press Release