Exhibit 99.1

 Diagnostic Products Corporation Announces Plaintiffs in Shareholder
         Derivative Action Have Filed First Amended Complaint

    LOS ANGELES--(BUSINESS WIRE)--July 26, 2006--Diagnostic Products
Corporation (NYSE:DP) announced today that plaintiffs in their pending
shareholder derivative action, Nicholas Weil, City of Tamarac General
Employees' Pension Trust Fund and City of Tamarac Police Officers'
Pension Trust Fund, have filed a first amended complaint in the United
States District Court of the Central District of California, Case No.
CV06-00066DDP. The amended complaint challenges the proposed merger of
DPC with a wholly owned subsidiary of Siemens Medical Solutions USA,
for a number of reasons, including on the basis of fairness of price,
disclosure and conflicts of interest. The amended complaint seeks to
enjoin or rescind the proposed merger. The Company believes that the
claims are without merit and intends to vigorously defend itself in
this case.

    About Diagnostic Products Corporation

    Diagnostic Products Corporation, founded in 1971, is a leader in
the global in vitro diagnostics market. DPC's product offering
includes the widely accepted IMMULITE(R) series of immunoassay
systems, more than 75 immunoassays and an expanding menu of essential
specific allergens and allergy panels that are run just like other
immunoassays. DPC also designs and manufactures automated laboratory
instrumentation and automation solutions that provide fast, accurate
results while enabling our customers to do "more with less" in a
leaner laboratory. DPC's combined chemistry and immunoassay menu is
one of the largest and most diversified available, covering most
laboratory tests requested. In fiscal 2005 (December 31), DPC reported
sales of $481 million and income from operations of $96 million.
Additional information can be found on DPC's website at
www.dpcweb.com.

    CONTACT: Diagnostic Products Corporation
             James L. Brill, 310-645-8200
             Chief Financial Officer