By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Microarrays Inc.'s management team and a group of independent investors have purchased the company from Vanderbilt University for an undisclosed amount, the firm announced today.

The new corporate structure will allow Microarrays to "quickly and nimbly" respond to the growing needs of customers, especially in the diagnostics and healthcare markets, the company said in a statement.

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