September 22, 2005

Detroit human tissue bank in merger

One of the success stories of Detroit 's TechTown, the high-tech human tissue bank Asterand Inc., has merged with a British firm, Pharmagene plc, and will become Asterand plc. Randal Charlton, CEO of Asterand, will continue to head the merged company. Charlton noted that Asterand will now "have access to significantly larger sums of money that will help us grow, in Detroit and at the Tech One Building . We expect a period of expansion."

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