BRIEF-Basi收购Smithers Avanza毒理学服务业务部门，以支持不断增长的毒理学业务和Broadusic SC

May 1 (Reuters) - Bioanalytical Systems Inc :

   * BASI ACQUIRES THE SMITHERS AVANZA TOXICOLOGY SERVICES BUSINESS UNIT TO SUPPORT GROWING TOXICOLOGY BUSINESS AND BROADEN SCIENTIFIC TALENT

   * BIOANALYTICAL SYSTEMS INC - ACQUIRED BUSINESS WILL OPERATE AS A WHOLLY OWNED SUBSIDIARY OF BASI UNDER NAME BASI GAITHERSBURG

   * BIOANALYTICAL SYSTEMS INC - DEAL FOR APPROXIMATELY $1.2 MILLION IN CASH, 200,000 COMMON SHARES OF CO

   * BIOANALYTICAL SYSTEMS INC - DEAL ALSO INCLUDES AN UNSECURED SUBORDINATED PROMISSORY NOTE IN INITIAL PRINCIPAL AMOUNT OF $810,000

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