ARTICLE | Company News

Advanced Tissue deal

March 20, 1995 8:00 AM UTC

ATIS (San Diego) will sell its In Vitro Laboratory Testing business to Stratum Laboratories for $1.4 million upon the close, and $3.6 million in licensing fees and milestone payments. ATIS also will receive a warrant to purchase a minority position in Stratum and receive royalties on sales of Skin2 and other licensed products. ...