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MediChem Shareholders Give Green Light to DeCode Merger

NEW YORK, March 14 - MediChem Life Sciences shareholders on Thursday approved the company's merger with DeCode Genetics. The merger, originally expected to close next quarter, is now expected to be finalized tomorrow.

 

DeCode announced its plans to acquire MediChem in January in a stock-swap deal valued at roughly $84 million. The Icelandic population genomics firm hopes to bolster its chemistry and structural proteomics technology through the deal, speeding its progress toward in-house drug discovery and development.

The Scan

CDC Calls Delta "Variant of Concern"

CNN reports the US Centers for Disease Control and Prevention now considers the Delta variant of SARS-CoV-2 to be a "variant of concern."

From FDA to Venture Capital

Former FDA Commissioner Stephen Hahn is taking a position at a venture capital firm, leading some ethicists to raise eyebrows, according to the Washington Post.

Consent Questions

Nature News writes that there are questions whether informed consent was obtained for some submissions to a database of Y-chromosome profiles.

Cell Studies on Multimodal Single-Cell Analysis, Coronaviruses in Bats, Urban Microbiomes

In Cell this week: approach to analyze multimodal single-cell genomic data, analysis of bat coronaviruses, and more.