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Reviewing Strategic  Investment Criteria ,[object Object],[object Object],[object Object],[object Object],1. On Strategy 2. NPV/Accretive value 3. Management team in place to successfully integrate Strengthens our core businesses Broadens our capabilities to serve customers better Improves positioning in our markets Offers tangible synergies Investment Approach Use disciplined financial analysis No diversification beyond remaining 3 core businesses Criteria for selection:
Product Portfolio Spans Research and Drug Discovery Workflow ,[object Object],[object Object],[object Object],API 3200 API 4000 ELAN DRC API 5000 API 4000 4800 MALDI  TOF/TOF 4000 QTRAP MetaMorph SpectraMax FLIPR IonWorks CellKey ImageXpress TransFluor Axopatch PatchXpress Laser Capture  Microdissection Basic Research Screening Lead  Optimization Safety Clinical Trials Applied Markets
Molecular Devices:  A Platform for Growth ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Biology Research: 60% of Revenues Drug Discovery: 40% of Revenues ,[object Object],[object Object],[object Object],[object Object]

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