NEW YORK (GenomeWeb) – Great Basin Scientific's board has approved a 1-for-300 reverse stock split, following approval by its shareholders, the company said on Thursday in a document filed with the US Securities and Exchange Commission.

The shareholder approval took place during a special meeting, during which shareholders approved a reverse stock split at a ratio of between 1 for 200 and 1 for 300. Subsequently, the board approved the split at the 1-for-300 ratio.

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have an account?
Login Now.

Oxford Nanopore Technologies is looking into dual listings in London and Hong Kong, according to the South China Morning Post.

The New York Times looks into medical research funding in the US and how the grant system might not be funding the best work.

US lawmakers proposed increasing the National Science Foundation budget, including its facilities account, Science reports.

In PNAS this week: effects of gene deletions on bacterial metabolic networks, genetic responses to sea star wasting disease, and more.