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Serologicals acquires Chemicon for $95mm

Executive Summary

In an effort to expand its cell culture and molecular biology businesses, Serologicals is acquiring Chemicon International, a supplier of reagents, diagnostic kits, and tools for molecular research, for $95mm in cash, minus the company's outstanding debt at the deal's closing.
Deal Industry
  • Contract Research, Toxicology Testing-CRO
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
      • Antibodies
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash

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