NEW YORK (GenomeWeb News) – Sequenom said after the close of the market on Monday that its board has authorized a "review of potential strategic alternatives" for its Genetic Analysis segment.

The San Diego-based firm has hired Jefferies as a financial advisor and will evaluate "a full range of potential strategic alternatives" for the Genetic Analysis business. It has not decided to enter into any transaction at this point, and "there can be no assurance that Sequenom will enter into such a transaction in the future," it said in a statement.

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