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Enzo Biochem Acquires Assay Designs, Inc. Further Expanding Life Sciences Operations.

Publication: Biotech Week
Publication Date: 25-MAR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Enzo Biochem, Inc. (NYSE:ENZ) announced the acquisition of substantially all the assets of privately-owned Assay Designs, of Ann Arbor, MI, for a purchase price of approximately $12.2 million in cash, subject to post-closing purchase price adjustments based on Assay DesignEs working capital as of the closing date. The acquisition is expected to be accretive to operating results. Founded in 1992, Assay Designs sells worldwide a steadily...

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