Life Sciences, deals, Transgenic Animals

Caliper Sells XenBio for $11M

Ryan McBride 12/14/09

Caliper Life Sciences, a Hopkinton, MA-based provider of life sciences research products and services, said today that it has sold its small animal services business, Xenogen Biosciences (XenBio), to the laboratory rodent provider Taconic Farms for about $11 million. Taconic, headquartered in Hudson, NY, is also becoming the distributor of Caliper’s transgenic rodents that can indicate gene activation and drug responses with florescent light. Caliper (NASDAQ:CALP) acquired the XenBio business through its 2006 buyout of Xenogen.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.