Monday, March 25, 2019 Daily Archives

Thermo Fisher going viral in $1.7bn Brammer Bio buy

Thermo Fisher has broadened its CDMO interest by agreeing to acquire viral vector firm Brammer Bio. The deal brings Brammer access to a broad portfolio of gene therapy technologies and consumables. This morning bioprocess giant Thermo Fisher made good on the recent rumors of a major acquisition by agreeing to buy contract development and manufacturing organization (CDMO) Brammer Bio for $1.7 billion (€1.5 billion) in cash from Ampersand Capital Partners. Formed through the merger of Brammer Biopharmaceuticals and Florida Biologix…