Hologic, Inc. (NasdaqGS:HOLX) to look for acquisitions. MacMillan, Stephen P. Chairman, Chief Executive Officer & President, said "Our strong cash flow is creating a unique opportunity. And I think in real simple terms, obviously, we're very comfortable in our leverage of 2 to 3x. But as we're generating more cash right now, it doesn't mean we're going to necessarily have to feel the need to spend it. We're in a position of strength today that we can be very selective. And we haven't always been in that place. And it's back to this company has never been stronger. And the best way to do really good business development deals, in my mind, has always been have a strong foundational business that you don't need to do anything. And so now we are able to opportunistically supplement our businesses as we go. And that's really pursuing those growth accretive acquisitions".