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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who started this subject8/12/2003 4:24:57 AM
From: scaram(o)uche   of 2243
 
read the CEO's biography.......

proteoplex.com

Germany's Merck buys US research company
Tuesday August 12, 2:53 am ET

FRANKFURT, Aug 12 (Reuters) - German drugmaker Merck KGaA (XETRA:MRCG.DE - News) said on Tuesday its U.S. unit EMD Biosciences Inc had acquired St.Louis-based research and development company ProteoPlex, Inc, but did not give financial details.
Merck said in a statement privately-owned ProteoPlex brought a high level of sophisticated technology with it, and fit well with Merck's own proteomics research programme.

ProteoPlex was founded in 2001 with the former management, R&D personnel and technology of Incyte Corporation (NasdaqNM:INCY - News).
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