Skip to main content
Premium Trial:

Request an Annual Quote

Orchid Pays $1.3M to Buy Out Lease on Unused Facility

NEW YORK, May 23 (GenomeWeb News) - Orchid BioSciences has paid $1.3 million to terminate a lease on a Plainsboro, NJ-based facility that the company had not used for over a year, according to a company filing with the US Securities and Exchange Commission.


Orchid said that it signed a lease on the facility in 1998, but that it has not conducted business there since 2003. A company spokeswoman told GenomeWeb News that the facility housed Orchid's SNP instrumentation and consumables operations, the assets of which were sold to Beckman Coulter in late 2002. 


According to the SEC filing, the property's landlord found a new tenant for the facility, allowing Orchid to buy out of its lease for $100,000 plus one-half of the rent due on the remainder of the lease.


Orchid said that the lease was extinguished on May 18.

The Scan

Genome Sequences Reveal Range Mutations in Induced Pluripotent Stem Cells

Researchers in Nature Genetics detect somatic mutation variation across iPSCs generated from blood or skin fibroblast cell sources, along with selection for BCOR gene mutations.

Researchers Reprogram Plant Roots With Synthetic Genetic Circuit Strategy

Root gene expression was altered with the help of genetic circuits built around a series of synthetic transcriptional regulators in the Nicotiana benthamiana plant in a Science paper.

Infectious Disease Tracking Study Compares Genome Sequencing Approaches

Researchers in BMC Genomics see advantages for capture-based Illumina sequencing and amplicon-based sequencing on the Nanopore instrument, depending on the situation or samples available.

LINE-1 Linked to Premature Aging Conditions

Researchers report in Science Translational Medicine that the accumulation of LINE-1 RNA contributes to premature aging conditions and that symptoms can be improved by targeting them.