Gen-Probe to Spin Off Industrial Testing Assets | GenomeWeb

NEW YORK (GenomeWeb News) – Gen-Probe is spinning off its industrial testing assets into a new, independently operated company that will develop molecular assays for biopharmaceutical production, water and food safety testing, and other applications, the firm said today.

The new company will be called Roka Bioscience, and Gen-Probe will hold a 19.9 percent stake in the firm. It will begin operations as an independent entity immediately, with 18 Gen-Probe employees joining Roka.

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