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Molecular Devices Corporation

Bioanalytical tools company acquires Transfluor imaging technology

Published in Telemedicine Week, April 5th, 2005

Molecular Devices Corporation (MDCC) announced that it has acquired the complete portfolio of Transfluor technology assets from Xsira Pharmaceuticals, Incorporated (formerly Norak Biosciences, Incorporated) for $11 million cash.

This transaction strengthens Molecular Devices' leadership position as a provider of tools for both imaging and G-protein coupled receptor (GPCR) assays, two of the most important and fastest-growing areas of drug discovery.

Transfluor technology, comprising proprietary assays that operate on imaging platforms such as Molecular Devices' Discovery-1 and ImageXpress systems, offers a robust way to visualize key cellular events...

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