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Bio-Rad to Acquire MJ GeneWorks and Subsidiaries for $47M, Liabilities

NEW YORK, June 2 (GenomeWeb News) - Bio-Rad Laboratories plans to acquire MJGeneWorks and its subsidiaries for $47 million in cash, the company said today. MJGeneWorks is the parent company of MJ Research.

 

Bio-Rad will also take over certain liabilities of the companies. In April, a jury decided that MJ Research must pay $19.8 million in damages to Applied Biosystems and Roche Molecular Systems for infringing a number of PCR-related patents. MJ Research, based in Waltham, Mass., produces thermal cycling instruments and reagents to amplify DNA.

 

The acquisition still requires a definitive purchase agreement and government approvals.

The Scan

More Boosters for US

Following US Food and Drug Administration authorization, the Centers for Disease Control and Prevention has endorsed booster doses of the Moderna and Johnson & Johnson SARS-CoV-2 vaccines, the Washington Post writes.

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For Privacy's Sake

Wired reports that more US states are passing genetic privacy laws.

Science Paper on How Poaching Drove Evolution in African Elephants

In Science this week: poaching has led to the rapid evolution of tuskless African elephants.