No M&A Activity as ABI Reports 1-Percent Rise in Q3 05 Revenues | GenomeWeb

Four months after Applera chairman Tony White said that Applied Biosystems would be "keeping its powder dry" on acquisitions, the company is still sitting on the sidelines as its competitors knock off small and large acquisitions.

"We have cash, and we're open to ideas," said White, who has maintained that stance since an appearance early in the year at the JP Morgan Healthcare Conference in San Francisco.

The company apparently is doing its homework.

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