Alere to Initiate Voluntary Withdrawal of the Alere INRatio® and INRatio®2 PT/INR Monitoring System

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Go back to Alere to Initiate Voluntary Withdrawal of the Alere INRatio® and INRatio®2 PT/INR Monitoring System

Leerink Partners Remains Bullish as Alere (ALR) Withdraws INRatio and INRatio 2 Products

July 12, 2016 9:13 AM EDT

Leerink Partners reiterated an Outperform rating and $56.00 price target on Alere (NYSE: ALR) following the company's announcement that they will withdraw its INRatio and INRatio 2 products. ALR only recorded $20M in product sales from its INRatio products in 2015, or... More