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Abstract
(Marketwire - Oct. 2, 2012) - CML HealthCare Inc. (TSX:CLC) (the "Company" or "CML") announced today it has acquired Hemostasis Reference Laboratory Inc. ("HRL"). Located in Hamilton, Ontario, HRL is a provider of specialized laboratory testing services in the areas of coagulation for clients throughout the world. Its customers include diagnostic manufacturers, pharmaceutical research, clinical research, and CROs in Canada, the United States, Europe and Australia. HRL currently performs specialty clinical trials, research studies, and reagent analysis, and is one of the few organizations world-wide that conduct validation testing on equipment and reagents. For the twelve months ended June 30, 2012, HRL's revenue was approximately $1.5 million.