April 5, 2018 / 5:07 AM / 4 months ago

BRIEF-UCB Acquires Element Genomics

April 5 (Reuters) - UCB SA:

* UCB STRENGTHENS RESEARCH CAPABILITIES WITH ACQUISITION OF ELEMENT GENOMICS, A DUKE UNIVERSITY BIOTECH SPIN-OFF

* ‍TOTAL COST OF TRANSACTION WILL AMOUNT TO UP TO USD 30 MILLION​

* ‍ELEMENT GENOMICS’ TEAM WILL CONTINUE TO BE BASED IN DOWNTOWN DURHAM, WILL WORK CLOSELY WITH UCB’S RESEARCH TEAMS​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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