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Ocimum Biosolutions

The company is also planning a new round of financing, and, with consent, banking its samples with the long-term goal of establishing an Indian biorepository.

NEW YORK (GenomeWeb News) – Transgenomic today said that it has signed an agreement to acquire the biorepository assets of Gene Logic for $250,000 in cash.

NEW YORK (GenomeWeb News) – Life Technologies this week said that it will invest $20 million in expanding its cell culture facility in Inchinnan, Scotland.

Ocimum Biosolutions has rescheduled a planned auction to sell the assets of its genomic services and database subsidiary Gene Logic to accommodate newly identified potential buyers, the company said this week.

Ocimum Biosolutions is seeking a buyer for the assets of genomic services and database subsidiary Gene Logic.
Gene Logic, based in Gaithersburg, Md., is the US subsidiary of Hyderabad, India-based Ocimum. It filed for Chapter 11 in mid-October.

This article has been updated to clarify that the bankruptcy filing only applies to the Gene Logic subsidiary.

Sialix this week appointed Norrie Russell president and CEO – a newly established full-time position at the company.

Biosearch has denied all allegations set forth by Life Technologies in a previously filed patent-infringement lawsuit revolving around the use of fluorescence-quenched oligonucleotide probes in PCR, diagnostics, and other DNA analysis applications.

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Novavax has begun a phase III trial of its SARS-CoV-2 vaccine, according to the New York Times.

Vox reports that the Trump Administration may limit student visas for individuals from some countries to two years.

The governor of New York says the state will conduct its own review of any SARS-CoV-2 vaccine, NPR reports.

This week in Science: Neanderthal Y chromosomes replaced by Homo sapiens Y chromosomes, and more.