GeneTrace Systems Inc. , Alameda, Calif. Business: Drug discovery Hired: Leslie Browne as COO, formerly VP of technology, collaborations and investments at Berlex Laboratories Inc. and president of Schering Berlin Venture Corp. WIR Staff...

GeneTrace Systems (Alameda, Calif.) acquired Strata Biosciences (Alameda, Calif.), which uses high throughput gene knockout technologies and cell-based assays for gene discovery, drug target identification and validation. GeneTrace will add these technologies to its Systems...