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View Full Version : Rosetta Genomics Executes Binding Term Sheet to Acquire U.S. CLIA-Certified Lab to Ex


Yahoo! Finance
06-11-2008, 10:10 AM
<b>Yahoo! Finance: Mutual Fund News</b>

Rosetta Genomics Ltd. , a leader in the development of microRNA-based diagnostics and therapeutics, announced today that it has signed a binding term sheet to acquire Parkway Clinical Laboratories Inc. , a privately-held CLIA-certified lab located in Bensalem, Pennsylvania, for an aggregate purchase price of $2,900,000, consisting of $1,900,000 in cash and $1,000,000 of Rosetta's ordinary shares.

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