Science & Enterprise subscription

Follow us on Twitter

  • A company creating a blood test to screen for multiple types of cancer is being acquired by genomics analytics comp…
    about 2 hours ago
  • New post on Science and Enterprise: Cancer Screening Analytics Company Acquired in $8B Deal #Science #Business
    about 2 hours ago
  • New post on Science and Enterprise: Shana Tova 5781 #Science #Business
    about 2 days ago
  • When even PhRMA doesn't want to be a Trump campaign prop ... A Deal on Drug Prices Undone by White House Insistence…
    about 3 days ago
  • A company developing a drug for depression based on synthesized compounds in hallucinogenic substances is raising $…
    about 3 days ago

Please share Science & Enterprise

Luminex Corp. Acquires Molecular Diagnostics Developer

DNA strand (


Luminex Corporation, a maker of medical diagnostics technologies in Austin, Texas will acquire Hayward, California-based GenturaDx, a developer of genomic testing systems. The $50 million deal involves Luminex purchasing all outstanding shares in the privately-owned GenturaDx.

Luminex develops and manufactures instruments, software, reagents, and assays used in clinical labs as well as in pharmaceutical, diagnostic, and biotechnology businesses. The company’s product line includes real-time polymerase chain reaction (PCR) testing technologies for clinical and research labs. PCR is an method for analyzing short sequences of DNA or RNA, which can be applied to even minute samples. PCR is used to amplify selected sections of DNA or RNA.

GenturaDx is in late-stage development of an automated bench-top PCR testing instrument called the IDbox that it says integrates the entire process from sample preparation through amplification and detection to reporting out results. The IDbox uses GenturaDx’s closed, single-use cassette that contains all of the required testing reagents for a PCR test, and can report on multiple analytes in one pass.

Luminex says it plans to integrate the two technologies into one system for molecular diagnostic testing. The company anticipates commercial availability of a variety of assays for use with this system by early 2014. The acquisition is expected to add some $6 million to Luminex’s operating expenses in 2012.

Read more:

*     *     *

Comments are closed.