Nanogen Hopes to Establish European Beachhead Through $10M Acquisition of Amplimedical Dx Unit | GenomeWeb

Continuing a trend of regular acquisitions, Nanogen last week set its eyes on the European market by announcing plans to acquire Amplimedical, the diagnostics subsidiary of Italian firm Amplifon, for €8.1 million ($10 million).

Following the acquisition, planned to close May 1, the company will move its existing Dutch office into the newly acquired Italian base to form a new subsidiary called Nanogen Advanced Diagnostics, the company said.

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