PerkinElmer, Inc. has agreed to purchase the remaining interest of its joint venture in ICP-MS and related assets from Danaher Corporation. Danaher acquired this joint venture stake and these assets as part of its acquisition of MDS Inc.'s Analytical Technologies business.

The purchase of the remaining 50% of the joint venture and related assets will provide PerkinElmer with full ownership of the joint venture and its ICP-MS product line.

John Roush, president, Environmental Health, PerkinElmer, said, "The global population is increasingly vulnerable to safety threats from toxic elements such as lead, cadmium, mercury, and arsenic affecting the quality of our water and food supplies. Our continued commitment and innovation in ICP-MS will provide our customers with solutions that support the analysis of component elements, trace elements or contaminants in samples of interest, leading to improved products and applications for their end markets - and ultimately to better outcomes for human and environmental health."

He added, "The consolidation of the joint venture will reinforce our market leadership position while further demonstrating our commitment to the ICP-MS product line and the sustained development of this critical technology. Customers will benefit from our ability to get products to market faster, as well as to better align our offering with market needs."