Soluble Therapeutics: CytoBiosciences Buys Alabama Company in 'Multi-Million Dollar' Deal

CytoBioscience, a San Antonio maker of technology that's used to screen drug formulations, has acquired Birmingham, Alabama-based Soluble Therapeutics, which sells another screening technology. CytoBiosciences has a high-throughput device to screen a drug formulation's safety and efficacy, helping scientists observe how multiple formulations might interact with a cell's ion channel. Meanwhile, Soluble's technology targets drug [...]