Pharma Deals Review, Vol 2009, No 8 (2009)

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Abbott Buys Stake in Genetics Testing Company

Taskin Ahmed

Abstract


Abbott Laboratories acquired a 9.6% stake in NeoGenomics, a cancer genetics laboratory for US$4.8 M. The agreement also provides for Abbott to supply materials to NeoGenomics to develop its own FISH (fluorescence in-situ hybridization)-based test to diagnose melanoma.



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