Editors
Deal: Stem Cells Inc. Diversifies with Embryonic Stem Cell Acquisition
3/6/2009 8:40:00 AM
US based Stem Cells, Inc. (StemCells) acquires UK and Australia based Stem Cell Sciences plc in $5 million stock and cash deal.
This is StemCells's gambit to diversify from being solely an adult stem cell business into being a global provider of embryonic stem cells, induced stem cells (artificial embryonic), and adult stem cells.