Deal Announcements

Celera Group Acquires Atria Genetics For $33 Million

Friday, September 21, 2007 5:00:00 AM PDT | VentureDeal Staff

ROCKVILLE, MD -- Biotech company Celera Group (NYSE: CRA) announced that it has signed a definitive agreement to acquire Atria Genetics, Inc. for $33 million in an all cash transaction.

Atria has a line of human leukocyte antigen testing products that are helpful for identifying potential donors in the matching process for bone marrow transplantation.

Celera already had a relationship with Atria, but the acquisition will allow Celera to retain a higher percentage of Atria's marketing revenues in its agreement with Abbott Molecular.

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