Bloomington-based medical device maker Cook Group has acquired General BioTechnology LLC, an Indianapolis biotech company
with about 20 employees, Cook Group announced Monday.
Terms of the deal were not announced.
Cook will rename the acquisition Cook General BioTechnology LLC. The company specializes in cryopreservation and biobanking
of blood and tissues.
General BioTechnology was founded in 1997 by former Indiana University School of Medicne Researchers. It operates an
umbilical cord blood and tissue bank for families called The Genesis Bank and a reproductive tissue bank, Genome Resources.
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Cook Group acquires local biotech company
IBJ Staff
April 9, 2012
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
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For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
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Three Magi
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
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Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
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