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SpectraCell Laboratories, Inc.

Nutrition testing company SpectraCell Laboratories acquires Lipid Labs, Inc.

Published in Law and Health Weekly, April 8th, 2006

SpectraCell Laboratories, Inc., announced that it has acquired the assets of Lipid Labs, Inc. in a transaction involving cash, notes, and future contingent consideration.

SpectraCell, a Houston, Texas-based clinical laboratory founded in 1993 by William (Chip) Stanberry, its chairman and CEO, conducts nutritional testing. Lipid Labs, a start-up clinical laboratory, specializes in advanced testing for cholesterol, or lipid particles. The company utilizes a patented ultracentrifugation technology invented at Texas A&M University and further developed by Jan Troup, the company's founder, who has joined SpectraCell's scientific staff.

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