By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Cepheid said that it has entered into a loan and security agreement with Silicon Valley Bank, providing the firm with a revolving credit line of up to $15 million.

The credit line has a maturity date of June 7, 2012 and bears an interest rate "equal to SVB's most recently announced prime rate … but in no case less than" 4 percent, the firm said in a filing this week with the US Securities and Exchange Commission.

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In Cell this week: Leukemia-like disease in soft-shell clams, mNET-seq method for profiling growing transcripts, and more.

While James Watson and Francis Crick are credited for discovering the structure of DNA, Rich proved their theory of a double helix structure was correct when he produced a distinct image of the structure.

Nature News reports that early users of Oxford Nanopore's hand-held MinIon are giddy about the technology and its uses. 

According to MIT Technology Review, Apple is collaborating with researchers to develop apps for consumer DNA testing.