Skip to main content
Premium Trial:

Request an Annual Quote

Qiagen Amends Terms to Exiqon Acquisition Offer for Third Time

NEW YORK (GenomeWeb) – Qiagen took another step towards completing its DKK683 million ($105 million) acquisition of RNA analysis products developer Exiqon by reducing the acceptance threshold of the share capital and voting rights in Exiqon to around 89 percent from 90 percent.

As a result, Qiagen also extended the offer period for Exiqon's shares for the third time. The current offer now expires at the end of the day on June 22. Qiagen first announced its plan to acquire Exiqon for DKK18 per share in cash in late March, and then extended the offer in the middle of May to expire on June 2 when it did not reach the prescribed acceptance threshold. The company then extended the offer a second time on June 3, again in an effort to surpass the previously established 90 percent threshold.

Qiagen said that it has already received acceptances from Exiqon shareholders representing around 89 percent of the share capital and voting rights, and the firm now expects that the condition will be satisfied at the expiry of the current offer period. 

The Scan

RNA Editing in Octopuses Seems to Help Acclimation to Shifts in Water Temperature

A paper in Cell reports that octopuses use RNA editing to help them adjust to different water temperatures.

Topical Compound to Block EGFR Inhibitors May Ease Skin Toxicities, Study Finds

A topical treatment described in Science Translational Medicine may limit skin toxicities seen with EGFR inhibitor therapy.

Dozen Genetic Loci Linked to Preeclampsia Risk in New GWAS

An analysis of genome-wide association study data in JAMA Cardiology finds genetic loci linked to preeclampsia that have ties to blood pressure.

Cancer Survival Linked to Mutational Burden in Pan-Cancer Analysis

A pan-cancer paper appearing in JCO Precision Oncology suggests tumor mutation patterns provide clues for predicting cancer survival that are independent of other prognostic factors.