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Announced

Completed

Pall completed the acquisition of a minority stake in Andelyn Biosciences.

Synopsis

Pall, a global supplier of filtration, separations and purification products, completed the acquisition of a minority stake in Andelyn Biosciences, a pharmaceutical company, from Nationwide Children’s Hospital, a nationally ranked pediatric acute care teaching hospital. Financial terms were not disclosed. “Gene therapy advancements have the potential to cure debilitating diseases and improve the lives of millions of people around the world, but challenges with limited capacity and expertise in the critical area of viral vectors continue to slow development and must be addressed. The combined expertise of Pall, Cytiva and Andelyn will help address the industry’s current bottlenecks and advance innovation,” Joe Repp, Pall Life Sciences President.

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