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Medistem's Acquisition Hints at Big Potential.

Authors :
KESHAVAN, MEGHANA
Source :
San Diego Business Journal; 1/13/2014, Vol. 35 Issue 2, p1-32, 2p
Publication Year :
2014

Abstract

The article reports on the acquisition of a San Diego, California-based stem cell firm, Medistem Inc., by a Germantown, Maryland-based synthetic biology company, Intrexon Corp. for about $26 million. The ability and potency of Medistem's endometrial regenerative cells will be expanded by the genetic engineering capabilities of Intrexon, according to Alan Lewis of Medistem. Medistem's stockholders will receive 27 cents in exchange for each share of Medistem common stock in cash.

Details

Language :
English
ISSN :
87506890
Volume :
35
Issue :
2
Database :
Supplemental Index
Journal :
San Diego Business Journal
Publication Type :
Periodical
Accession number :
93741608