Skip to main content
Premium Trial:

Request an Annual Quote

Tepnel to Acquire Orchid Diagnostics for $4.3M

NEW YORK, Oct. 31 (GenomeWeb News) - Orchid BioSciences and Tepnel Life Sciences announced today that Tepnel will buy Orchid's diagnostics unit for $4.3 million.


Under the terms of the acquisition, which is expected to close during the fourth quarter of 2003, the Manchester, UK-based instrumentation and services company will acquire the product and services business of Orchid Diagnostics in the US, UK and Belgium. The company will also assume certain liabilities of the business, and will assume control of Orchid's facilities in Stamford, Conn. and Brussels, Belgium. The companies said they expect all of Orchid Diagnostics' current employees to stay on with Tepnel.


"This divesture is part of Orchid's ongoing strategy to focus on those DNA testing businesses where we have a market leadership position and strong competitive advantage," Paul Kelly, CEO of Orchid BioSciences, said today in a statement.


The completion of the acquisition is subject to a secondary public offering of shares from Tepnel and final approval by Tepnel's shareholders.


The Scan

More Boosters for US

Following US Food and Drug Administration authorization, the Centers for Disease Control and Prevention has endorsed booster doses of the Moderna and Johnson & Johnson SARS-CoV-2 vaccines, the Washington Post writes.

From a Pig

A genetically modified pig kidney was transplanted into a human without triggering an immune response, Reuters reports.

For Privacy's Sake

Wired reports that more US states are passing genetic privacy laws.

Science Paper on How Poaching Drove Evolution in African Elephants

In Science this week: poaching has led to the rapid evolution of tuskless African elephants.