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Roche snaps up Genia

Roche plans to incubate another novel DNA sequencing system. In June, the Swiss giant paid $125 million upfront and as much as $225 million in milestone fees to acquire Genia's semiconductor-based, single-molecule, nanopore technology. Genia will become part of Roche's sequencing division. This acquisition comes two years after Roche's failed attempt to buy sequencing powerhouse Illumina for $6.7 billion.

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Roche snaps up Genia. Nat Biotechnol 32, 709 (2014).

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