Ocimum Extends Deadline to Bid on Bankrupt Gene Logic Assets | GenomeWeb

Ocimum Biosolutions has rescheduled a planned auction to sell the assets of its genomic services and database subsidiary Gene Logic to accommodate newly identified potential buyers, the company said this week.

The auction for the assets of Gene Logic, which filed for Chapter 11 in mid-October last year, will now take place on Jan. 24. Interested buyers have until Jan. 20 to place their bids. A sale hearing to approve the auction has been set for Jan. 26.

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