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WaferGen Closes $30 Million Financing with Three Leading Life Science Institutional Investors
Date:5/31/2011

s ideal for researchers seeking to confirm discoveries made with the growing use of next-generation sequencing.  In addition, the high throughput capabilities of the SmartChip System enable researchers to extend their research across large panels of genes, and hundreds of samples, at a very reasonable cost.

Combined with next-generation chemistry and optimized assays being developed by WaferGen under the guidance of David Gelfand, Ph.D., Chief Scientific Officer and one of the pioneers of PCR, the SmartChip System is designed to provide accurate, highly sensitive and high-throughput gene expression profiling capabilities to researchers, clinicians and pharmaceutical companies.

In addition, the company offers an innovative fee-based service for gene-expression profiling using the SmartChip System.  For additional information, please see http://www.wafergen.com.

Private Placement and Forward Looking Statements

The securities were issued to the investors under Regulation D of the Securities Act of 1933, as amended.  The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an applicable exemption from registration requirements.

This press release is not an offer to sell or the solicitation of an offer to buy the securities issued in the private placement or any other securities of the company.

This press release contains certain "forward-looking statements".  Such statements include statements relating to the financing, including the use of net proceeds from the transaction and the impact of the financing on the company's strategy, statements relating to the future effect of WaferGen's genomics instruments and consumables and expected throughput levels of the S
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SOURCE WaferGen Biosystems, Inc.
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Related medicine technology :

1. WaferGen Announces Data Presentations From Newly Launched High-Throughput SmartChip Human microRNA Panel V2 at Scientific Conferences, Including AACR
2. WaferGen Launches High-Throughput SmartChip Human MicroRNA Panel V2
3. WaferGen Reports Fourth Quarter and Full Year 2010 Financial Results
4. WaferGen Appoints Industry Leader Dr. Timothy J. Triche to Board of Directors
5. WaferGen to Present at 13th Annual BIO CEO and Investor Conference
6. WaferGen Appoints World-Renowned Clinical Genomics Cancer Researcher Dr. Arul M. Chinnaiyan to Scientific Advisory Board
7. WaferGen to Present at OneMedForum San Francisco 2011
8. WaferGen and Integrated BioBank of Luxembourg (IBBL) Sign Strategic Agreement for Molecular Diagnostic Research Collaboration and Purchase of SmartChip System
9. WaferGen Announces $7 Million Capital Raise -- $5 Million Equity Private Placement Agreement Signed, and $2 Million Credit Facility Closed
10. WaferGen Reports Second Quarter 2010 Financial Results
11. WaferGen to Introduce New Service for Gene-Expression Profiling Using the SmartChip(TM) Real-Time PCR System
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