UPDATE: Incyte to Expand Database Offerings, Annotation in $77M Deal for Proteome | GenomeWeb

NEW YORK, Dec 21 - Incyte Genomics will acquire Proteome in a $77 million cash and equity deal as part of its plans to create the first fully annotated human proteome and beef up annotations on its genomic databases, Incyte CEO Roy Whitfield said Thursday.

" There isn’t anybody who can touch Proteome in terms of annotation," Whitfield told GenomeWeb. " First thing, Proteome will annotate all the unique full length genes we have discovered through our relationship with Pfizer."

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