Covance Closes Acquisition of Merck Gene Expression Group

Aug 19, 2009

NEW YORK (GenomeWeb News) – Clinical research and pharmaceutical services firm Covance said yesterday that it has closed its acquisition of Merck's Seattle-based gene expression lab.

The financial terms of the purchase, announced last month, were not disclosed, but Merck has agreed to purchase of a five-year genomic analysis services contract worth $145 million as part of the deal.

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