Iverness is now Alere.

Inverness Medical now Alere

July 19, 2010
by Brendon Nafziger, DOTmed News Associate Editor
Inverness Medical Innovations Inc. will now be known as Alere Inc.

The Waltham, Mass.-based company said its shareholders approved the adoption of the new name during its annual stockholder meeting July 14. The point-of-care diagnostics business expects its New York Stock Exchange symbol to switch from IMA to ALR today.

The company makes pregnancy, drug use and various disease tests, and also runs a health management segment which consults with businesses to control health costs.