NEW YORK (GenomeWeb) – Minneapolis-based Bio-Techne, a provider of tools and bioactive reagents for research and clinical diagnostics, said today that it has closed on a strategic equity investment valued at $43 million in Astute Medical, which is marketing a biomarker-based diagnostic test for acute kidney injury.

Bio-Techne said that the deal has been structured to allow it to build a strategic foundation in diagnostics, and includes an option for it to further expand the relationship.

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