PerkinElmer to Close Signature Genomics

PerkinElmer acquired Signature in 2010 for $90 million (see IBO 4/15/10). The closure is expected to affect 80 employees, according to the Spokesman-Review. For non-invasive prenatal testing, PerkinElmer distributes Illumina’s verifi test (see IBO 1/15/13).

Spokane, WA 4/30/14—The Spokesman-Review has reported that PerkinElmer will close its Signature Genomics business later this year. Signature provides microarray-based prenatal and other genetics testing services. PerkinElmer told the Spokesman-Review, “Changing market conditions, including a highly unfavorable reimbursement environment, combined with a significant decline in demand for invasive procedures due to the uptake of non-invasive prenatal testing, contributed to this decision.”

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