NEW YORK (GenomeWeb) — Bio-Rad Laboratories has resolved a US Securities and Exchange Commission investigation into its violation of the Foreign Corrupt Practices Act due to the company's subsidiaries having made improper payments to foreign officials in Russia, Vietnam, and Thailand in order to win business.

Bio-Rad, which self-reported its misconduct and extensively cooperated during the investigation, has agreed to pay $55 million to settle the SEC's charges and a parallel action by the US Department of Justice.

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Jay Shendure and his colleagues have developed a new method to more comprehensively identify human cell types, the NY Times reports.

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