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)
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
Epidauros Michael Lutz, Ph. D
| | The Ruth Group
Jason Rando (media) +1-646-536-7025
|