Buying Majority Stake in Nascent Pharma, CombiMatrix Hopes for Long-Term Payoff | GenomeWeb

CombiMatrix’s plans to spend $4 million to become the largest stake holder in a nascent drug discoverer has two possible upsides: The Acacia unit gets in on the ground floor as a pharmacogenomics-technology provider for an up-and-coming biotech, and the investment may also earn a windfall for CombiMatrix if the drug maker, Leuchemix, goes public or releases a successful drug.

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