Taking another step in its evolving strategy to gain a foothold in the next-generation DNA sequencing market, Applied Biosystems has inked a deal to acquire Agencourt Personal Genomics for approximately $120 million in cash.

The acquisition provides ABI with a relatively advanced technology in the emerging market for alternative DNA sequencing instruments, and the firm said it expects to place initial systems with early-access customers in 2007.

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have an account?
Login Now.

In Science this week: International Wheat Genome Sequencing Consortium publishes the bread wheat cultivar Chinese Spring reference genome, and more.

At his FDA Law Blog, Jeffrey Gibbs discusses FDA's technical assistance for the draft Diagnostic Accuracy and Innovation Act.

The New York Times reports that genetic testing has uncovered unfaithful penguins at a Utah aquarium.

Cancer researcher loses funding under new Wellcome Trust anti-bullying policies, the Guardian reports.