BioCentury
ARTICLE | Company News

ChromaXome Corp., Houghten deal

July 1, 1996 7:00 AM UTC

HPIP will exercise its option to acquire privately held ChromaXome for 216,000 shares of common stock. HPIP, which closed at $8.00 on Friday, has 13.1 million shares outstanding prior to the acquisition. HPIP, a combinatorial chemistry company, could issue an additional 432,000 shares upon the achievement of certain milestones. ...