NEW YORK (GenomeWeb) – CollabRx and Medytox today announced they have reached a definitive merger agreement. 

Under the terms of the deal, CollabRx shareholders will own a 10 percent stake in the combined company, of which it will operate as a wholly owned subsidiary. Medytox shareholders will own the remaining 90 percent. Further terms of the deal were not disclosed. 

The companies previously entered into a non-binding letter of intent to negotiate a merger.

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