Complete Genomics, a U.S.-based innovator in genomic sequencing technology, confirmes that it has entered into a definitive agreement, subject to customary closing conditions and approval by MGI shareholders, under which it will be acquired by Swiss Rockets AG, a Switzerland-based life sciences group. The transaction will enable the scaling of the Complete Genomics innovation pipeline and diversification of manufacturing capacity. “Swiss Rockets recognized Complete Genomics’ strong position in developing and delivering cost-effective, flexible sequencing solutions and saw an opportunity to accelerate innovation and expand market reach,” said Dr. Vladimir Cmiljanovic, Founder, CEO and Chairperson of Swiss Rockets AG.
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Source: https://www.prnewswire.com/news-releases/complete-genomics-enters-definitive-agreement-to-be-acquired-by-swiss-rockets-ag-302694177.html