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ACEA, a US-China Cell Analysis Device Company, Acquired for $250 Million

publication date: Sep 28, 2018

ACEA Biosciences, a San Diego company with R&D and manufacturing facilities in Hangzhzou, will be acquired by Agilent for $250 million in cash. ACEA has developed the xCELLigence® cell therapy analysis device intended for academic and biopharma researchers. The device is used in immuno-oncology, pre-clinical drug discovery and basic academic research. In 2015, ACEA raised $30 million from China investors Qiming and Lilly Asia Ventures. Agilent develops and sells laboratory equipment. More details....

Stock Symbol: (NYSE: A)

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