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Acacia Research Corp.

Biological arrays maker expands alliance with Inbio

Published in Health Insurance Week, February 26th, 2006

Acacia Research Corp. (CBMX:ACTG) announced that the CombiMatrix group has expanded its relationship with its existing partner, Inbio, for the Asia Pacific region.

Major components of the expanded relationship include the transfer of day-to-day operational responsibility and majority ownership of CombiMatrix Corp.'s wholly owned subsidiary, CombiMatrix K.K. (KK) to Inbio along with an expanded distribution agreement that encompasses Japan.

Inbio has obtained 67% of the voting interests in the KK and will expand its distribution agreements with the CombiMatrix group. Inbio will assume all operational and financial responsibilities of the KK including...

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