Deal snapshot: Standard BioTools to Merge with SomaLogic in All-Stock Merger.

MANews-(C)2009-2023

US-based biomedical research tools provider Standard BioTools Inc. (NASDAQ: LAB) has combined in an all-stock merger with US-based preteomics technology company SomaLogic (NASDAQ: SLGC), the company said.

The combined company, with a pro-forma equity value of over USD 1bn based on Standard BioTools'...

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