Ron Zwanziger

Ron Zwanziger (born 1954, Tel Aviv, Israel) is an American entrepreneur and philanthropist.[1]

Education

He earned his Bachelor's Degree from Imperial College London in 1975 and his MBA from Harvard Business School in 1981.[2]

Career

Zwanziger was a founder of Medisense Inc.,[3] a maker of glucose meters, in 1981, and served as CEO until 1991.[4] Medisense was later acquired by Abbott Laboratories in 1996 for $876 million.[5]

Zwanziger was a founder of Alere Inc. (then called Selfcare Inc.),[6][2] a maker of diagnostic testing devices, in 1991.[4] He served as CEO until 2014.[7][8][9] Its diabetes unit was sold to Johnson and Johnson in 2001 for $1.3 billion.[10][6] Alere acquired San Diego-based Biosite Inc. in a $1.7 billion hostile takeover in 2007.[11] Abbott acquired Alere in 2017 for $5.3 billion.[12][6]

References

  1. ↑ Douglas, Craig M. (11 August 2008). "Boston's barbarian?". Boston Business Journal. Retrieved 28 December 2017. Sign In Required
  2. 1 2 "Ron Zwanziger: Executive Profile & Biography". Bloomberg. May 11, 2001. Retrieved December 28, 2017.
  3. ↑ Worthless, Impossible and Stupid: How Contrarian Entrepreneurs Create and Capture Extraordinary Value. Harvard Business Review Press. 2013. p. 25. ISBN 978-1-4221-8699-2. Retrieved December 28, 2017.
  4. 1 2 "History of Inverness Medical Innovations, Inc. – FundingUniverse". www.fundinguniverse.com. Retrieved 28 December 2017.
  5. ↑ "Abbott Laboratories to Buy Medisense for $876 Million". The New York Times. 30 March 1996. Retrieved 28 December 2017.
  6. 1 2 3 Cyran, Robert (January 1, 2016). "Strategy of Alere Board Paid Off With Buyout by Abbott". The New York Times. Retrieved December 28, 2017.
  7. ↑ "Alere chief executive Ron Zwanziger resigns, effective immediately - The Boston Globe". bostonglobe.com. Retrieved 28 December 2017.
  8. ↑ "Alere Inc. CEO Zwanziger, Other Top Executives Resign In Overhaul". BioSpace. July 2, 2014. Retrieved December 28, 2017.
  9. ↑ contributor (December 28, 2017). "Alere's' Ex-CEO plans $3.82 billion offer for health company". www.ohio.com. Retrieved December 28, 2017.
  10. ↑ "J&J acquires Inverness unit - May 23, 2001". money.cnn.com. Retrieved 28 December 2017.
  11. ↑ "Inverness wins Biosite with bid of $1.68 billion". sandiegouniontribune.com. Retrieved 1 January 2018.
  12. ↑ Ignorance, Out of (27 October 2017). "Abbott's Inviting New Allure". seekingalpha.com. Retrieved 28 December 2017.


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