Applied Biosciences Corp. (OTCPK:APPB) acquired 51% stake in Trace Analytics for $1.25 million on January 7, 2019. Applied Biosciences is purchasing 0.52041 million shares of Trace Analytics. The consideration includes $0.75 million of cash and $0.5 million in stocks. Applied Biosciences Corp. (OTCPK:APPB) completed the acquisition of 51% stake in Trace Analytics on January 7, 2019.