Is Cetus a publicly traded company?
Matthew Harrington
Updated on January 09, 2026
Cetus Corporation was one of the first biotechnology companies….Cetus Corporation.
| Type | Public |
|---|---|
| Traded as | Nasdaq: CTUS |
| Industry | Biotechnology |
| Founded | 1971 |
| Defunct | 1991 |
Who bought Cetus?
the Chiron Corporation
In a merger of two of the pioneers of the biotechnology industry, the Chiron Corporation said today that it would buy the Cetus Corporation in a stock transaction valued at about $600 million.
What happened to Cetus?
announced Monday that it was selling off a key technology to a European pharmaceutical giant and merging its operations with Chiron Corp. in a stock swap deal valued at $660 million. The Cetus name would disappear, and the merged company would be known as Chiron Corp.
What is Cetus Warframe?
While their floating markets may ply the rails of the Origin system, Cetus is the Ostron home: a trading hub where travelers from across the system meet to exchange information, wares and plunder in safety, protected by the Unum-enforced laws of barter and parley – free from the influence of Grineer and Corpus.
Who owns Chiron?
Novartis
Chiron Corporation/Parent organizations
Chiron Corporation (/ˈkaɪrɒn/ KY-ron) was an American multinational biotechnology firm founded in 1981, based in Emeryville, California, that was acquired by Novartis on April 20, 2006. It had offices and facilities in eighteen countries on five continents.
Is Cetus the Kraken?
That sea monster in Greek myths was Cetus, not the Kraken. This makes sense because the Kraken was a creature found in Norse mythology rather than Greek mythology. With occasional reports of giant sea creatures like giant octopi or possibly colossal squid, the Kraken myth was born.
Why did Perseus kill Cetus?
Perseus killed Cetus and saved the princess Andromeda, whom he then took to be his wife. Because he was so brave in fighting a fearsome monster to save the life of someone else, he was given a place in the stars forever. Practice finding Perseus or review the Magnitude Charts for Perseus.
Is Warframe open world?
Warframe’s third open-world update was announced via the game’s official YouTube channel on July 20, 2020 and was released on August 25, 2020 for PC, PS4, and Xbox One, and on August 27, 2020 for Nintendo Switch.
Are eidolons immune to status?
He is also immune to status.
Where was the biotechnology company Cetus founded?
It was established in Berkeley, California in 1971, but conducted most of its operations in nearby Emeryville. Before merging with another company in 1991, it developed several significant pharmaceutical drugs as well as a revolutionary DNA amplification technique.
When did Cetus Corporation merge with Chiron Corporation?
It was established in Berkeley, California, in 1971, but conducted most of its operations in nearby Emeryville. Before merging with Chiron Corporation in 1991 (now a part of Novartis ), it developed several significant pharmaceutical drugs as well as a revolutionary DNA amplification technique.
Who was the CEO of Cetus in 1991?
The company’s CEO resigned six weeks later, and patent rights to the PCR process were sold to Hoffman-La Roche. Losses continued, and in 1991 the company was sold to Chiron Corporation.
When was the first IPO for Cetus Corporation?
In order to enter these new fields, Cetus raised $108 million in an initial public offering (IPO) in 1981, the largest IPO to that date. Its first large development project, in conjunction with Triton Biosciences, was the successful cloning, expression, modification, and production of beta-interferon.
