This article has been updated from a previous version.

NEW YORK, June 13 - Celera Genomics announced its intention Wednesday to acquire Axys Pharmaceuticals in a stock transaction valued at $173.4 million, making good on its promise to purchase a company with chemistry and drug design capabilities. 

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have a GenomeWeb or 360Dx account?
Login Now.

Microsoft co-founder Paul Allen also contributed to brain research, NPR reports.

The New York Times reports on the shifting interpretations of what some genetic variants mean over time.

In Cell this week: investigation of metastatic tumor evolution, more than 16,000 genetic variants introduced into the budding yeast model organism, and more.

MIT's Technology Review reports on Genentech's pursuit of personalized cancer vaccines.