And MOGN had climbed substantially in the last couple days, and month [from 22].
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A precautionary instance of 'the Peter Principle?'
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Orchid BioSciences, Inc. Proposes Changing Its Name to Orchid Cellmark Inc.
Wednesday April 13, 4:32 pm ET
PRINCETON, N.J., April 13 /PRNewswire-FirstCall/ -- Orchid BioSciences, Inc. (Nasdaq: ORCH - News), a leading worldwide provider of identity DNA testing services, today announced that it is seeking stockholder approval to change its name to Orchid Cellmark Inc. The company believes that the new name more accurately reflects the company's current and expected future position as a leader in the provision of DNA identity testing services.
"The Orchid Cellmark name combines the strong reputation of Orchid in the field of genetic variability analysis with the international brand recognition of Cellmark as a leading provider of DNA testing services," said Paul J. Kelly, M.D., chief executive officer of Orchid. "Since our acquisition of the Cellmark brand and operations in 2001, we have continued to grow our business under this brand in both the U.S. and U.K., countries leading the world in realizing the potential of DNA identity testing for forensics, immigration, security, adoption, parentage, food safety and other important applications. We believe the name Orchid Cellmark is consistent with our strong focus on being a worldwide leading provider of genetic profile information that is helping to create a safer and healthier life for people around the globe."
[more at:]
biz.yahoo.com |
