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ivione Biosciences Inc.

03:50 PM EST - ivione Biosciences Inc. : announced the signing of a Memorandum of Understanding with South Korean biotech company, AriBio, Inc. This strategic alliance is anticipated to combine the strengths of Vivione in the areas of rapid diagnostics and its new in silico compound modeling technology with AriBio's substantial experience in drug design and testing. Vivione Biosciences Inc.
shares V.VBI are trading up $0.035 at $0.24.