NEW YORK (GenomeWeb News) – Gen-Probe will borrow $170 million under a newly issued line of credit to pay for its pending acquisition of Tepnel Life Sciences and for other unspecified corporate purposes, the firm said after the close of the market on Monday.

San Diego-based Gen-Probe said that it would pay interest on the one-year, $180 million revolving credit facility at a floating rate of .6 percent above LIBOR, which was at around .5 percent earlier Monday. The credit facility is being provided by Bank of America.

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Customers might want to consider what they might learn about their risk of diseases like Alzheimer's before snagging the genetic testing kits that are on many gift guides this year, NJ.com writes.

The Wall Street Journal reports there is uncertainty surrounding whether He Jiankui's embryo editing did what he said it did.

Stat News reports that the pause on procuring fetal tissue for intramural US National Institutes of Health research will soon affect additional labs there.

In Nature this week: genomic analysis of the invasive fall webworm, amp of constrained coding regions within the human genome, and more.

Jan
30
Sponsored by
Loop Genomics

This webinar will provide a comparison of several next-generation sequencing (NGS) approaches — including short-read 16S, whole-genome sequencing (WGS), and synthetic long-read sequencing technology — for use in microbiome research studies.

Jan
30
Sponsored by
Loop Genomics

This webinar will provide a comparison of several next-generation sequencing (NGS) approaches — including short-read 16S, whole-genome sequencing (WGS), and synthetic long-read sequencing technology — for use in microbiome research studies.