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Genetic Technologies Hires UTEK to Acquire Non-Coding DNA-Analysis Tech

NEW YORK (GenomeWeb News) – UTEK will help Genetic Technologies identify genetic-analysis technology from US research groups that GT would use in its genetic-testing business in Australia, GT said today.
 
Under the agreement, UTEK, a Tampa, Fla.-based specialty finance company focused on technology-transfer deals, will help GT acquire non-coding DNA-analysis technologies from universities or lab research centers.
 
GT said it will use the technologies in analytical tests that will be offered to customers in the Asia Pacific region.  
 
Financial terms of the deal were not disclosed.

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