The story
Rosetta Genomics was founded by Isaac Bentwich in 2000 to pursue commercial applications of microRNA research. The company had its IPO on March 6, 2007, and is traded on the NASDAQ. Rosetta Genomics expects the funds raised to advance its microRNA-based diagnostic and therapeutic cancer products through initial clinical validation, defined as success in identifying the specific biomarker panels via blinded tests of samples supplied
by medical institutions.
In 2016, the company was ranked #27 on the Deloitte Fast 500 North America list.
In December 2017, the American diagnostics company Genoptix agreed to acquire Rosetta Genomics for $10 million. The agreement was terminated in February 2018 after it failed to receive the required shareholder vote. A second agreement, valuing the company at $9 million, was later approved by shareholders, but the merger was not completed.
On 31 May 2018, it was announced that Rosetta Genomics filed for Chapter 7 bankruptcy.
From Wikipedia’s article on Rosetta Genomics, shared under CC BY-SA 4.0.6
