Gaithersburg, Maryland, USA January 3, 2012 Ocimum Biosolutions, Inc. (d/b/a Gene Logic), a genomic sciences company based in Gaithersburg, Maryland, is seeking to sell its US operations as a going concern. The Company today announced that in consideration of the high level of interest in purchasing the Company expressed by a number of potential buyers, particularly within the last several days, the Company obtained permission from the Court to reschedule the auction of its ongoing operations and assets to allow the newly identified and interested potential buyers additional time …
Gaithersburg, Maryland, USA December 9, 2011 – Ocimum Biosolutions, Inc. (d/b/a Gene Logic) today announced that it has retained Burrill & Company, Inc. as its strategic advisor. Burrill will assist the company in evaluating strategic alternatives related to Gene Logic and its assets, which could include a sale of its US-based company, operations or its assets. Burrill is actively attempting to identify interested buyers to bid for substantially all of GeneLogic’s assets before January 6, 2012.
Gene Logic provides a broad range of reliable, high-quality, cost-competitive genomic services in a …
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