Thermo Receives EC Clearance for Life Tech Acquisition
News Nov 26, 2013
To expedite the approval, Thermo Fisher has committed to divest of its cell culture (sera and media), gene modulation and magnetic beads businesses. Combined, these businesses had 2012 revenue of approximately $225 million.
The acquisition remains subject to additional regulatory approvals, including the U.S. Federal Trade Commission (FTC). Based on its discussions with the FTC, Thermo Fisher does not believe any additional divestures will be required in order to receive U.S. approval. The company is working with the regulatory agencies to complete the transaction as soon as possible, and still expects to close in early 2014.
Magnetic Treatment Helps Remove ‘Off-Flavor’ from WinesNews
From vine to wine, grapes undergo a remarkable transformation. But sometimes this makeover results in vino that doesn’t taste quite right. In a new study scientists report that they have found a way to use tiny magnetic particles to remove off-tasting substances in cabernet sauvignon without altering its desired bouquet.READ MORE
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