10:16 AM EST - MDS Inc. : has struck a US$615-million cash deal to acquire California-based bioanalytical measurement systems maker Molecular Devices Corp. in one of the biggest acquisitions in the history of the Canadian life sciences company. Toronto-based MDS said Monday the friendly takeover would help build its arsenal of medical devices and life sciences products as the company refocuses its business and prepares to close the sale of its laboratory services unit for more than $1.3 billion. MDS Inc.
shares T.MDS are trading up 15 cents at $20.25.
