Ocimum Bio Looks to Secure an Addition $5.5M in Funding as Focus Turns to Acquisitions and Disease | GenomeWeb

After a year of digesting its acquisition of MWG Biotech's microarray business, India's Ocimum Biosolutions is now looking to build on its current offering by acquiring an oligonucleotide synthesis business, investing in disease-specific arrays, and securing an additional $5.5 million from private investors.

The Hyderabad-based company, which currently employs 150 people, is also looking to better integrate its offices in the US, Germany, and India and add personnel.

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