Life Sciences, acquisitions, Genetic Analysis Tools

Life Technologies Acquiring BioTrove

Bruce V. Bigelow 11/10/09

Life Technologies (NASDAQ: LIFE), the Carlsbad, CA-based provider of biotech instruments and lab supplies, says it has agreed to acquire Woburn, MA-based BioTrove, which has developed a high throughput gene expression and genotyping analysis system. BioTrove, which withdrew plans to raise $75 million in an IPO last year, says the flexible array format of its OpenArray technology enables researchers to perform more than 3,000 PCR or qPCR gene expression assays at a time. Financial terms were not disclosed.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call 858-202-0492