Monday, August 30, 2010 | Follow Us:
Myers Motors, Cleveland. Photo | Bob Perkoski
Myers Motors, Cleveland. Photo | Bob Perkoski

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Ohio U to receive millions in sale of home-grown Diagnostic Hybrids

Ohio University stands to gain millions of dollars from the sale of a company whose technology was created at the Athens-based university, reports Campus Technology News.

Quidel, which creates diagnostic tests for healthcare, said it intends to purchase Diagnostic Hybrids Inc. for $130 million cash. Until recently the company operated on campus in OU's Innovation Center, which provides business incubation services and resources to startups.

Read the full story here.