08:00 , Feb 27, 2012 |  BC Week In Review  |  Company News

Capsalus Corp., GeneLink deal

Wellness company Capsalus completed its acquisition of GeneLink's marketing subsidiary GeneWize Life Sciences Inc. (see BioCentury, Oct. 24, 2011). Capsalus Corp. (OTCBB:WELL), Atlanta, Ga.   GeneLink Inc. (OTCBB:GNLK), Longwood, Fla.   Business: Dermatology, Nutraceuticals  ...
07:00 , Oct 24, 2011 |  BC Week In Review  |  Company News

Capsalus Corp., GeneLink deal

GeneLink will sell its marketing subsidiary, GeneWize Life Sciences Inc., to wellness company Capsalus for $500,000 up front in cash. GeneLink will also receive 60 monthly payments from Capsalus equal to the greater of $25,000...