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Harvard Bioscience to Acquire Division of Genetronics Biomedical Corp

NEW YORK, Dec. 26 - Harvard Bioscience today announced an agreement for a $3.7 million purchase of the BTX division of Genetronics Biomedical Corporation.

 

The sale, subject to the approval of Genetronics' shareholders, is set to close by early February, according to Harvard Bioscience.

 

Terms of the sale also include a royalty on net sales of BTX products, which include electroporation and electrofusion devices.

 

In the fall, Harvard Bioscience acquired Genomic Solutions.

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