Perkin-Elmer To Distribute Celera Genomics Stock
Subject to shareholder and final board approval, Perkin-Elmer plans todistribute a new class of common stock intended to track the separate performance of the company's newly-created Celera Genomics business unit, which is focused on the discovery and distribution of genomic information.
Celera was formed through an alliance between P-E and Craig Venter, formerly president of The Institute for Genomic Research. Its mission is to become the definitive source of genomic and related biomedical information.
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