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Abcam acquires Marker Gene Technologies
Following Abcam's recent acquisition of Expedeon's proteomics and immunology business, the firm sought to give itself additional proprietary assay development technologies and labelling capabilities as part of its broader antibody-conjugation strategy.
The AIM-listed group said Marker Gene Technologies' team had expertise in the areas of biology, organic synthesis and fluorescence chemistry and were experienced in the creation of detection tools that enable "enhanced understanding of biological processes".
Abcam said the deal would only have a "minimal impact" on revenue and earnings in the current financial year.
As of 1025 GMT, Abcam shares were down 0.17% at 1,228.90p.
Latest ABC News
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11 Jun 2023 - Abcam delisting from AIM going ahead this week
12 Dec 2022 - TOP NEWS: AIM to lose largest listing as Abcam to trade only on Nasdaq
17 Oct 2022 - LONDON BRIEFING: Vodafone, Altice team; Hargreaves Lansdown CEO to go
17 Oct 2022 - LONDON BROKER RATINGS: Stifel downgrades IAG, easyJet and Ryanair
14 Sep 2022 - IN BRIEF: Abcam interim profit falls by 20% as expenses rise
12 Sep 2022
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