American Bio Medica sells headquarters as part of asset sale to Healgen Scientific

Houston-based Healgen Scientific has acquired American Bio Medica Corp.’s 22-acre factory and corporate headquarters in Columbia County, New York, part of an agreement approved in February to acquire the majority of the drug-test manufacturer’s assets.

American Bio Medica shareholders voted last month to sell the company’s assets to Healgen Scientific for $3 million after the two companies spent five years working together through distribution agreements.

As part of the asset sale, the 37-year-old…