Gene Sequencer Says Ex-Partner's $138M Deal Broke Promises

By Kelly Rizzetta (October 26, 2012, 6:56 PM EDT) -- California life sciences outfit Azco Biotech Inc. on Thursday sued Intelligent Bio-Systems Inc., its former partner in a gene-sequencing chemicals and equipment venture, saying IBS' CEO "sold out" Azco for a $138 million merger deal with Dutch DNA technology conglomerate Qiagen NV....

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