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Norak Changes Name to Xsira, Plans Sale of Fluorescent Assay Technology

NEW YORK, Jan. 3 (GenomeWeb News) - Norak Biosciences said this week that it has changed its name to Xsira Pharmaceuticals to reflect its transition from a platform technology company to a product development company.

 

As part of the change, Norak also plans to sell all aspects of its business related to Transfluor, its flagship fluorescent assay technology for screening G-protein coupled receptors.

 

Terry Willard, executive vice president of Xsira, told GenomeWeb News' sister publication Inside Bioassays that the company doesn't yet have a buyer for Transfluor, but that several companies are interested.

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