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.
By a GenomeWeb staff reporter

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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Labs in the US and South Korea are hoping to bring the woolly mammoth back from beyond extinction, Newsweek writes.

Geneticist Adam Rutherford speaks with National Geographic about paleogenetics, race, and more.

Researchers link genetic links between education and smoking and longevity.

In PNAS this week: influence of gene environment interactions on polygenic traits, epigenetic features affecting fruit fly foraging, and more.