Skip to main content
Premium Trial:

Request an Annual Quote

Cepheid Acquires UK Diagnostics Distributor for $1.9M

NEW YORK (GenomeWeb News) – Cepheid today said that it will acquire Stretton Scientific, a UK-based distributor of diagnostic and monitoring equipment, for around £1.2 million ($1.9 million).
 
Privately held Stretton already distributes Cepheid’s SmartCycler system to customers, including the National Health Service, throughout the UK. The acquisition is expected to “augment our newly established UK-based direct sales team,” Cepheid CEO John Bishop said in a statement.
 
Cepheid said that it will pay the $1.9 million acquisition price in cash. It expects to close the transaction early this month, subject to customary closing conditions. Cepheid noted that the deal is not expected to have a material impact on its fourth-quarter financial results.
 

The Scan

Unique Germline Variants Found Among Black Prostate Cancer Patients

Through an exome sequencing study appearing in JCO Precision Oncology, researchers have found unique pathogenic or likely pathogenic variants within a cohort of Black prostate cancer patients.

Analysis of Endogenous Parvoviral Elements Found Within Animal Genomes

Researchers at PLOS Biology have examined the coevolution of endogenous parvoviral elements and animal genomes to gain insight into using the viruses as gene therapy vectors.

Saliva Testing Can Reveal Mosaic CNVs Important in Intellectual Disability

An Australian team has compared the yield of chromosomal microarray testing of both blood and saliva samples for syndromic intellectual disability in the European Journal of Human Genetics.

Octopus Brain Complexity Linked to MicroRNA Expansions

Investigators saw microRNA gene expansions coinciding with complex brains when they analyzed certain cephalopod transcriptomes, as they report in Science Advances.