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News | Aug 23, 2007

Clinical Data Acquires Epidauros Biotechnologie AG, Significantly Enhancing Proprietary Genetic Biomarker Portfolio

Clinical Data, Inc. (NASDAQ: CLDA) announced today that it has acquired privately held Epidauros Biotechnologie AG of Bernried, Germany, in a cash transaction valued at 8.75 million euros (or approximately $11.84 million)

By: Clinical Data / Epidauros

NEWTON, Mass. / Bernried, Germany – August 23, 2007 – Clinical Data, Inc. (NASDAQ: CLDA) announced today that it has acquired privately held Epidauros Biotechnologie AG of Bernried, Germany, in a cash transaction valued at 8.75 million euros (or approximately $11.84 million). Epidauros brings to Clinical Data an established portfolio of proprietary genetic biomarkers, expertise in genetic biomarker discovery, relationships with leading diagnostic companies, and a fast-growing pharmacogenomics services business.

 

[to read more see attached PDF file]

 

 

For More Information

 

Clinical Data
John Schultz
+1-617-527-9933 ext. 3350
jschultz@clda.com

 

Epidauros

Michael Lutz, Ph. D
+49 (0)8158 9985 71
michael.lutz@epidauros.com

 

           

The Ruth Group
Sara Ephraim (investors)
+1-646-536-7002
sephraim@theruthgroup.com

 

Jason Rando (media)

+1-646-536-7025
jrando@theruthgroup.com