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Laboratory Industry Report

Orchid Cellmark to Buy New Orleans DNA Testing Lab for $8.6M
November 2007

Identity DNA testing laboratory Orchid Cellmark (Princeton, NJ) has agreed to acquire the outstanding stock of ReliaGene Technologies (New Orleans, LA) for a purchase price of $5.6 million in cash and $3 million in Orchid stock. The deal is expected to close by the beginning of this month.

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