IVAX Diagnostics Inc. (IVD) said Friday its corporate name has been changed to "ERBA Diagnostics Inc." The name change was approved by IVAX Diagnostics' stockholders at the Annual Meeting of Stockholders.
IVAX Diagnostics said its Board believes that the name change would be in the best interests of IVAX Diagnostics and its stockholders as it will reflect the strong relationship that IVAX Diagnostics enjoys with its majority stockholder — ERBA Diagnostics Mannheim GmbH.
In connection with the name change, the ticker symbol of IVAX Diagnostics' common stock, par value $0.01, on the NYSE MKT will change from "IVD" to "ERB." Trading under the new ticker symbol, "ERB," is planned to begin at market-open on Monday, June 18, 2012.
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