Announced
Completed
Financials
Tags
Majority
Acquisition
Friendly
Completed
United States
Biotechnology
Domestic
Private
Single Bidder
research services
Synopsis
Charles River Laboratories, a pharmaceutical company, completed the acquisition of Explora BioLabs, a provider of contract vivarium research services, for $295m. “With its presence in West Coast biohubs, the acquisition of Explora BioLabs complements our existing CRADL™ footprint and offers incremental opportunities to partner with an emerging, high-growth client base, many of which are engaged in cell and gene therapy development," James Foster, Charles River Laboratorie Chairman, President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.