PETALING JAYA: Genting Bhd’s 82.1% owned subsidiary, DNA Electronics Ltd (DNAe), has acquired the entire issued share capital of NanoMR Inc for a total cash consideration of US$24mil (RM85.3mil) by way of a merger under US laws.
NanoMR is a development-stage diagnostics company based in New Mexico. According to its website, initial product development efforts have been directed to the identification of infecting pathogens for diagnosis of bloodstream infections.
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