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Bio-Rad to Acquire AbD Serotec for $69.7M

Dec 17, 2012
|
staff reporter

NEW YORK (GenomeWeb News) – Bio-Rad Laboratories announced yesterday that it has signed a definitive agreement to acquire antibody manufacturer AbD Serotec for €53 million ($69.7 million) in cash.

Bio-Rad is acquiring the firm from its current parent, German company MorphoSys, and expects to complete the deal in January.

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