Third Wave closing

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Beaver
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Third Wave closing

Postby Beaver » Sat Jul 07, 2012 8:11 am

There won't be a Forth Wave.

http://host.madison.com/wsj/business/ar ... 0.facebook
Madison biotech facility expected to close; 179 could lose jobs

"Madison's biotechnology industry is headed for another big blow.
Third Wave Technologies is expected to close — or be reduced to a small presence — within two years after parent company Hologic completes its planned $3.7 billion purchase of San Diego-based Gen-Probe later this year, company officials and analysts say."

Mad Howler
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Re: Third Wave closing

Postby Mad Howler » Sun Jul 08, 2012 12:55 am

Beaver wrote:"Madison's biotechnology industry is headed for another big blow.
Third Wave Technologies is expected to close — or be reduced to a small presence — within two years after parent company Hologic completes its planned $3.7 billion purchase of San Diego-based Gen-Probe later this year, company officials and analysts say."


Ya gotta love them "analysts". I seem to remember China's commitment to a trillion or three dollars to biotech a few years back.

Time to get back to that plantation thread.


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