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Stem cell researcher builds assets.

Publication: Knight Ridder/Tribune Business News

Publication Date: 28-FEB-05
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COPYRIGHT 2005 Knight-Ridder/Tribune Business News

By Darla Martin Tucker, The Business Press, San Bernardino, Calif. Knight Ridder/Tribune Business News

Feb. 28--The parent company of Temecula biotechnology firm Chemicon International Inc. has acquired the assets of a New Jersey company to expand Chemicon's stem cell business.

Serologicals Corp. in Atlanta paid $6.7 million in cash for the assets of Specialty Media, a division of Cell & Molecular Technologies owned by Sentigen Holding Corp., a Feb. 22 release said. Specialty Media is located in Phillipsburg, N.J., and develops and supplies stem cell culture media...

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