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Venaxis (APPY) Acquires BiOptix

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Venaxis Announces Acquisition of BiOptix

September 13, 2016 5:00 PM EDT

CASTLE ROCK, Colo., Sept. 13, 2016 /PRNewswire/ -- Venaxis®, Inc. (Nasdaq: APPY), announced today that it has acquired BiOptix Diagnostics, Inc., ("BiOptix") a Boulder, CO-based privately-held company. BiOptix has developed a proprietary Enhanced Surface Plasmon Resonance ("ESPR") technology platform for the detection of molecular interactions. The technology was developed in conjunction with Dr. John 'Jan' Hall, Adjoint Professor, JILA (University of Colorado), who shared the Nobel Prize for Physics in 2005.

Venaxis acquired as of September 12, 2016, approximately 98% of the voting shares of... More