trending Market Intelligence /marketintelligence/en/news-insights/trending/WPpWGkvxz4_73bN5-A9nQQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Biotage closes $21.4M acquisition of private biotechnology company PhyNexus

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Biotage closes $21.4M acquisition of private biotechnology company PhyNexus

Biotage AB completed the acquisition all shares of privately held biotechnology company PhyNexus Inc. for about $21.4 million.

The board of Sweden-based Biotage has committed to issue 487,337 shares to PhyNexus shareholders.

Under the terms of the transaction, about $10 million of the $21.4 million purchase price will be paid in future additional purchase price payments for the years 2019 to 2023 that will be based on future results.

Biotage is a life science company that develops solutions for use in organic and analytical chemistry and for industrial applications.