Type of information: Pipeline acquisition
Acquired company: Advanced Bioprocessing Business from BectonDickinson (USA - NJ)
Acquiring company: Thermo Fisher Scientific (USA - MA)
- • On September 6, 2018, Thermo Fisher Scientific has signed a definitive agreement with BD , a leading global medical technology company, under which Thermo Fisher will acquire BD's Advanced Bioprocessing business. This business combines a strong technical services program with a variety of peptones that enhance cell culture media formulations to improve yield and reduce variability in biopharmaceutical applications. BD's Advanced Bioprocessing business has annualized revenue of approximately $100 million and will be integrated into Thermo Fisher's Life Sciences Solutions Segment.
- The transaction is subject to customary closing conditions and is expected to close in early 2019.
Related: Technology - Services