By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – BioMérieux today announced it has purchased French firm Argene for up to €42.5 million ($60.1 million).

BioMérieux is acquiring all of the shares of Ab-Services, the holding firm that owns Argene, for €37.5 million upfront and may make up to €5 million in contingent payments.

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