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Inverness Medical now Alere

by Brendon Nafziger, DOTmed News Associate Editor | July 19, 2010
Iverness is now Alere.
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.