Invitrogen Completes Acquisition of BioReliance.Business Editors/Health/Medical Writers BIOWIRE2K CARLSBAD Carlsbad, cities, United States Carlsbad (kärlz`băd). 1 City (1990 pop. 63,126), San Diego co., S Calif., on the Pacific coast; settled in the 1880s, inc. 1952. , Calif.--(BUSINESS WIRE)--Feb. 10, 2004 Invitrogen Invitrogen Corporation (NASDAQ: IVGN) is a life science research company, providing products and services that support academic and government research institutions and pharmaceutical and biotech companies worldwide in their efforts to improve the human condition. Corp. (Nasdaq: IVGN) announced today that it has completed its acquisition of BioReliance Corp. Invitrogen acquired BioReliance through a cash tender offer for $48.00 a share, and a subsequent merger of a wholly-owned subsidiary with and into BioReliance. BioReliance shares have been delisted from Nasdaq, and ceased trading at the close of business on Friday, February 6, 2004. About Invitrogen Invitrogen Corp. (Nasdaq: IVGN) provides products and services that support academic and government research institutions and pharmaceutical and biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. companies worldwide in their efforts to improve the human condition. The company provides essential life science technologies for disease research, drug discovery, and commercial bioproduction. Invitrogen's own research and development efforts are focused on breakthrough innovation in all major areas of biological discovery including functional genomics Noun 1. functional genomics - the branch of genomics that determines the biological function of the genes and their products genomics - the branch of genetics that studies organisms in terms of their genomes (their full DNA sequences) , proteomics pro·te·o·mics n. The analysis of the expression, localization, functions, and interactions of the proteins produced by the genes of an organism. , bio-informatics and cell biology Cell biology The study of the activities, functions, properties, and structures of cells. Cells were discovered in the middle of the seventeenth century after the microscope was invented. -- placing Invitrogen's products in nearly every major laboratory in the world. Founded in 1987, Invitrogen is headquartered in Carlsbad, Calif. and conducts business in more than 70 countries around the world. The company globally employs approximately 3,000 scientists and other professionals. For more information about Invitrogen, visit the company's Web site at www.invitrogen.com. |
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