Genizon Acquires Ailing Swedish Sequencing Developer Global Genomics for $4.8M in Shares

May 11, 2005

NEW YORK, May 11 (GenomeWeb News) - Genizon BioSciences has acquired certain assets and staff of Global Genomics, a beleaguered Swedish company developing new DNA sequencing technology, for approximately CA$6 million ($4.8 million) in Genizon shares, GenomeWeb News has learned.

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