Tuesday, January 7, 2020 Daily Archives

Getinge pays $89m for Applikon to boost life sciences biz

Getinge has bought Applikon Biotechnology to expand its life sciences technologies business. Sweden’s Getinge announced it would pay SEK 840 million ($89 million) for Applikon last month. It said the Dutch bioreactor firm’s technology portfolio would bolster its biopharma segment. It cited Applikon’s range of systems for the research and production of vaccines and antibodies as well as those for the production of enzymes and bio-plastics as the main motivation. “Applikon Biotechnology has a strong portfolio of world class bioreactor solutions…