By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Laboratory Corporation of American Holdings today announced a definitive agreement to purchase Genzyme Genetics for $925 million in an all-cash deal.

LabCorp will purchase the Genetics segment in its entirety, including all testing services, technology, intellectual property rights, and its nine testing laboratories. LabCorp is "committed" to offer employment to all of Genzyme Genetics' approximately 1,900 employees, including senior management, Genzyme said.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

The Jackson Laboratory has filed a complaint accusing Nanjing University of breeding and re-selling its mouse models, the Hartford Courant reports.

Oxford researchers are turning to virtual reality to visualize genes and regulatory elements, Phys.org says.

In Science this week: neutrophils rely on microRNA to protect against lung inflammation, and more.

China is moving forward with plans to sequence a million citizens, the Wall Street Journal reports.