Gunning for Europe, Clinical Data Acquires Genome Express; Reorganizes Second Time in Two Months | GenomeWeb

Clinical Data last week took steps to expand its position in pharmacogenomics by reorganizing its businesses for a second time in as many months. This week, the company acquired Genome Express of Mevlan, France, as it tries to expand its pharmacogenomic footprint in Europe.

Clinical Data paid approximately $3.16 million for Genome Express, with about $238,000 of that amount paid in cash and the remainder paid by 123,179 newly issued shares, the companies said this week in a statement.

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