Shenzhen Huada Gene disclosed to the media on March 19, 2013 that the company will focus on high-throughput and accurate human gene sequencing research and accelerate the promotion of gene diagnosis and treatment. One of the direct results is that humans can accept according to their own genetic makeup. Treatment, so that the treatment is more targeted. The acquisition was completed by the world's leading genetic technology company, Shenzhen Huada Gene (BGI), through its wholly-owned subsidiary Beta Acquisition Corporation, and completed the complete Genome sequencing complete innovation sequencing complete Genomics (formerly Nasdaq) on March 18. Code: GNOM) Simplified merger.
Complete will operate as a wholly-owned subsidiary of BGI, while providing a wealth of genomics research technology on multiple platforms. Dr. Clifford Reid will continue to serve as CEO of Complete. The company will no longer use the original stock code.
Dr. Wang Jun, president of BGI, said that BGI is valued for the value of Completer's scientific talents and its work. BGI's genome research will benefit from Complete's complete and accurate human genome sequencing technology. It is expected that both parties will work together to promote continuous progress in innovative biotechnology, healthcare and other related fields.
Dr. Reid said that the whole genome sequencing will revolutionize the development of clinical medicine. It is hoped that by 2020, everyone will be able to receive treatment according to their own unique genetic makeup and become a routine medical procedure.
Huada Gene’s trading consultants are Citigroup’s, and its legal advisors are Memmis Law Firm. Complete's trading advisor is Jefferies, an investment bank, and the legal adviser is Russell Law Firm.
BGI is dedicated to providing complete sequencing and bioinformatics services for medical, agricultural and environmental applications. Its subsidiaries include private non-profit research institutes and sequencing applications for commercial operations. It publishes in more than 250 leading journals, etc. Articles published on the material, including "Nature" and "Science."
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