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Helicos BioSciences Corporation (HLCS) Announces Prenatal Diagnostics IP Sale to Sequenom Inc. (SQNM)



4/16/2012 12:21:22 PM

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Helicos BioSciences Corporation (OTCQB: HLCS.PK) announced today that it has entered into an Asset Purchase Agreement with Sequenom, Inc. pursuant to which Sequenom purchased all rights, title and interest in Helicos’ United States Patent Application Serial Nos. 12/709,057 and 12/727,824 (Methods for Detecting Fetal Nucleic Acids and Diagnosing Fetal Abnormalities) and certain related proprietary materials. In consideration for the sale and transfer of the purchased assets, Sequenom paid Helicos $1.3 million.

Read at BioSpace.com


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