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Exiqon announced that it will divest its California-based clinical laboratory improvement amendments-certified lab Oncotech to trim costs.

In late 2007, Exiqon announced it was acquiring Oncotech, a provider of molecular oncology testing services, for $45 million as part of an effort to build up its infrastructure and expertise to begin selling microRNA-based diagnostics (see RNAi News, 11/29/2007).

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