Qiagen Plans to Buy Cancer MDx Firm Ipsogen for $101M | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Qiagen today announced its intent to acquire molecular diagnostics firm Ipsogen for €70 million ($101 million).

Qiagen has entered into exclusive negotiations with a group of Ipsogen shareholders to purchase about 47 percent of the company's outstanding shares currently held or controlled by company co-founders and board members. After the purchase agreement has been signed and the purchase is completed, Qiagen will begin to acquire all remaining shares of Ipsogen.

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