Netherlands-based Qiagen has acquired all assets related to the biosystems business from Biotage AB, a publicly-listed Swedish developer, manufacturer and distributor of products for genetic analysis and medicinal chemistry. The transaction is valued at around $53.0 million in cash (subject to certain customary purchase price adjustments) and performance milestone payments of up to about $7.0 million over the next four years.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
| Headless Content Management with Blaze