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Harvard Bioscience completes regenerative medicine device spin-off

Nov. 04, 2013 8:45 AM ETHarvard Bioscience, Inc. (HBIO) StockHBIO, HRGNBy: Colin Lokey, SA News Editor6 Comments
  • Harvard Bioscience (NASDAQ:HBIO) is off 16% premarket after completing a spin-off of its regenerative medicine device subsidiary.
  • Harvard Apparatus Regenerative Technology now trades on the Nasdaq under the ticker HART.
  • HBIO shareholders got one share of HART for every share of HBIO they owned as of October 21.
  • HBIO now calls itself a "pure-play global developer, manufacturer and marketer of a broad range of tools to advance life science research." (PR)
  • CEO Jeffrey Duchemin has been appointed President and Director, replacing David Green who is now HART's President.

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