The Munich-based group did not disclose a purchase price on Friday for Fast Track, which has about 80 employees in Luxembourg, Malta and India.

Siemens said the acquisition would allow it to reduce time in the laboratory for the detection of conditions including respiratory infections, gastroenteritis, meningitis, hepatitis and tropical diseases.

It follows the acquisition of Neo New Oncology last year.

(Reporting by Georgina Prodhan; Editing by Christoph Steitz)