Skip to main content
Premium Trial:

Request an Annual Quote

Orchid Sells SNP Genotyping Business to Beckman Coulter

NEW YORK, Dec. 23 - Orchid BioSciences said last week that Beckman Coulter acquired its SNP genotyping instrumentation business.

 

Beckman Coulter acquired the rights to Orchid's SNP genotyping instrumentation, reagents, and software formerly marketed by Orchid Life Sciences, according to the companies. Beckman Coulter also received an exclusive license to use Orchid's SNP-IT SNP analysis technology in products sold to research and specialty-testing markets, and a non-exclusive license to use SNP-IT in the field of diagnostics.

 

Orchid retained rights to use SNP-IT technology in the diagnostics market and in its genoprofiling service businesses. The company also said it will continue to use SNP-IT technology for its pharmaceutical and agricultural customers. Orchid has retained the rights to its portfolio of SNP technology patents.

 

Beckman Coulter paid Orchid via cash and the assumption of debt obligations. Financial details of the agreement were not disclosed.

 

Orchid announced in November its intention to sell off a portion of its life sciences business.

 

"The sale of assets of our Orchid life sciences business to Beckman Coulter marks another milestone in our ongoing progress to sharpen our business focus," Andrew Savadelis, chief financial officer of Orchid, said in a statement. Savadelis predicted that the sale would help Orchid become profitable towards the end of 2003.

 

Click here for more information.

The Scan

Could Mix It Up

The US Food and Drug Administration is considering a plan that would allow for the mixing-and-matching of SARS-CoV-2 vaccines and boosters, the New York Times says.

Closest to the Dog

New Scientist reports that extinct Japanese wolf appears to be the closest known wild relative of dogs.

Offer to Come Back

The Knoxville News Sentinel reports that the University of Tennessee is offering Anming Hu, a professor who was acquitted of charges that he hid ties to China, his position back.

PNAS Papers on Myeloid Differentiation MicroRNAs, Urinary Exosomes, Maize Domestication

In PNAS this week: role of microRNAs in myeloid differentiation, exosomes in urine, and more.