By Justin Petrone

ExonHit Therapeutics this week announced its intentions to spend as much as $32 million in cash and stock to acquire RedPath Integrated Pathology, a clinical molecular lab.

Under the terms of the agreement, the Paris-based drug and diagnostic developer plans to buy RedPath, which sells DNA-based cancer tests, for $12.5 million upfront, another $10 million in stock, and sales milestone payments that could total another $9.5 million.

Get the full story with
GenomeWeb Premium

Only $95 for the
first 90 days*

A trial upgrade to GenomeWeb Premium gives you full site access, interest-based email alerts, access to archives, and more. Never miss another important industry story.

Try GenomeWeb Premium now.

Already a GenomeWeb Premium member? Login Now.
Or, See if your institution qualifies for premium access.

*Before your trial expires, we’ll put together a custom quote with your long-term premium options.

Not ready for premium?

Browse our free articles
You can still register for access to our free content.

In Science this week: gene regulation changes linked to human brain evolution, and more.

The New York Stem Cell Foundation's Initiative on Women in Science and Engineering working group presents seven strategies to promote gender equality in the sciences.

Researchers link a genetic variation to the ability to quickly process arsenic in people living in the Andes Mountains.

A small portion of pregnant women who've undergone non-invasive prenatal testing have found out from the test that they have cancer.