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12:00 AM
Dec 06, 2010
 |  BC Week In Review  |  Company News  |  Deals

Clinical Data, Transgenomic deal

Transgenomic will acquire Clinical Data's genetic and pharmacogenomic testing and biomarker development business for approximately $15.4 million. The deal includes $6 million in cash, a three-year promissory note for $8.5 million that bears 10% interest and a one-year promissory note for $932,000 that bears 6.5% interest. Clinical Data will receive a percentage of...

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