RE: Eurofins Microgen31 Jan 2023 17:50
WBAFC, Not necessarily, some of that revenue was inter-company, for instance Microgen manufactured tests for Primerdesign. Also, there's a cost associated with closing a business and I'd imagine Novacyt removed the parts of the business which they wished to amalgamate into Novacyt. For all we know Eurofins purchased the name and what was left after Novacyt had taken the parts out that it wished to retain. Interesting that they acquired our business address, I suspect that they are renting the premises, but don't know for sure.