COVANCE ACQUIRES SIGNET LABORATORIES

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Covance Inc. has announced that it has acquired substantially all of the assets of Signet Laboratories, Inc. for $8.95 million. "This acquisition strengthens Covance's leadership position in providing antibodies and detection reagents that support early drug development discovery work," said Joe Herring, Covance Chairman and CEO.

Genomics & Proteomics (http://www.genomicsproteomics.com/index.aspx?ID=72802)