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U.K. Investor Group Petition: 3M Dropped The Ball On BacLite

This article was originally published in The Gray Sheet

Executive Summary

Over four years ago, 3M acquired U.K.-based startup Acolyte Biomedica and its BacLite technology to detect the antibiotic-resistant MRSA bacteria, with stated plans to conduct U.S. clinical trials and seek a 2008 U.S. market launch.

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