Sibia Inc. deal

Sibia and Skandigen AB sold their joint venture, Siska Diagnostics Inc., to Organon Teknika for an undisclosed amount. Sibia (La Jolla) said nucleic acid probe development is no longer a focus, and the company will put all its resources into its core business, the development of drugs for Alzheimer's disease, epilepsy and other neurodegenerative conditions. ...