Affy To Acquire Reagent Supplier USB for $75M

Dec 18, 2007

NEW YORK (GenomeWeb News) - Affymetrix said today it will buy life sciences reagent supplier USB for $75 million in cash in a move that will enhance its product portfolio and enable development of new genetic analysis offerings.

The acquisition, which is expected to close in the first quarter of 2008, "will greatly accelerate our ability to develop and commercialize more complete customer solutions," said Affy's president, Kevin King, in a statement.

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