Orchid Cellmark to Buy DNA-Testing Shop Reliagene for $8.6M in Cash and Stock | GenomeWeb
NEW YORK (GenomeWeb News) — Orchid Cellmark said yesterday it plans to buy Reliagene Technologies, a forensic and paternity DNA-analysis company, for $5.6 million in cash and $3 million in Orchid Cellmark restricted common stock.
 
Reliagene, which earned $7.5 million in revenue in 2006, “fits the criteria we are seeking in accelerating the growth of our business through acquisitions,” Orchid CEO Thomas Bologna said in a statement.
 

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

In Science this week: metagenomic-based technique for determining protein structure, and more.

An academic laments the rise of narcissism in the sciences, the Guardian reports.

Outgoing FDA commissioner Robert Califf writes in an editorial that the agency can help boost innovation.

The Trump transition team has asked NIH Director Francis Collins to remain at his post, though it's unclear for how long that will be.