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Quest to Develop Diagnostics Using SomaLogic Aptamer Tech; Invests $15M in Firm

NEW YORK, May 9 (GenomeWeb News) - Quest Diagnostics will develop new diagnostic tests based on SomaLogic's proprietary aptamer array platform, the companies said last week.

 

Terms of the deal call for Quest to make a $15 million equity investment in SomaLogic. Additional terms of the arrangement were not disclosed. Timetables for test development were not provided.