GE Healthcare Acquires SeqWright

Submitted by Anonymous on Wed, 04/04/2012 - 18:59

The Rumor Mill

Anyone care to comment?

GE Healthcare Acquires SeqWright
NEW YORK (GenomeWeb News) – GE Healthcare today announced it has purchased contract research organization SeqWright for an undisclosed amount.
The deal, GE said, is expected to complement its Clarient business, allowing the molecular diagnostics firm to expand its clinical diagnostics offerings to include next-generation sequencing.
Based in Houston, SeqWright was founded in 1984 and provides nucleic acid sequencing and other genomics services.
"Combining the expertise and capabilities of the two companies will enable GE Healthcare to offer a substantially wider range of services to the biopharmaceutical, diagnostic, and research industries and eventually to patients and health care providers," Pascale Witz, president and CEO of GE Healthcare, medical diagnostics, said in a statement.
Clarient CEO Carrie Eglinton-Manner added, "The acquisition of a specialized laboratory with long-standing expertise in the sequencing field as well as an established customer base allows us immediate entry into this high-growth space, and is an ideal complement to Clarient's existing protein and gene expression profiling in support of pharmaceutical and in vitro diagnostic studies."

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Wait until they start

Submitted by Anonymous on Sun, 03/02/2013 - 02:25.

Wait until they start cleaning out the closets and find all the skeletons.

Anything new on this? How did

Submitted by Anonymous on Sat, 02/02/2013 - 20:18.

Anything new on this? How did this integration into GE go?

This company is being handed

Submitted by Anonymous on Tue, 17/04/2012 - 03:17.

This company is being handed off to the Clarient Division. Clarient is well managed and can make gold out of lead. If the Clarient culture is followed believe me the SeqWright folks will be very happy. Just look at the Applied Genomics takeover by Clarient a few years back!!

Also, I know that whoever called it SeqWrong is a jealous competitor of either SW or Clarient!!

Yeah, pharmaceutical

Submitted by Damskie Torebki on Mon, 16/04/2012 - 21:18.

Yeah, pharmaceutical companies are only drawing money from our pockets. In any possible way. Health - doesnt matter.

I am sure GE paid top

Submitted by Anonymous on Mon, 16/04/2012 - 19:36.

I am sure GE paid top dollar!! Seqwright is actually a great company and does a lot of top work!

You are so wrong about the

Submitted by Anonymous on Thu, 05/04/2012 - 15:15.

You are so wrong about the price. The management at SeqWright has been offered significant dollars in the past, so they wouldn't go cheap. I can't imagine FL fitting into the GE corporate culture though.

I can't imagine that GE paid

Submitted by Anonymous on Wed, 04/04/2012 - 20:05.

I can't imagine that GE paid top dollar. No IP just sequencing expertise or lack of. They are not called SeqWrong for nothing.

Anyone know what GE paid?

Submitted by Anonymous on Wed, 04/04/2012 - 19:53.

Anyone know what GE paid?

Oh goody. It will get all six

Submitted by Anonymous on Wed, 04/04/2012 - 19:16.

Oh goody. It will get all six sigma'ed up and prices will triple.