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Financings in Brief: Affymetrix

This article was originally published in The Gray Sheet

Executive Summary

Affymetrix: Completes a $39 mil. private placement to institutional investors in the U.S. and Europe. The Santa Clara, California-based developer of GeneChip systems to "acquire, analyze, manage and use genetic information" says that its founding company Affymax invested $6 mil. in the offering. Affymax, a subsidiary of Glaxo Wellcome, now owns 47% of Affymetrix...
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