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Announced

Completed

Danaher-backed Molecular Devices completed the acquisition of Cellesce.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Domestic

Private

Majority

Biotechnology

Acquisition

Completed

biotechnology company

United States

Friendly

Single Bidder

Synopsis

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Danaher-backed Molecular Devices, a provider of high-performance life science solutions, completed the acquisition of Cellesce, a company specializing in contract development and manufacturing of large scale patient-derived organoids. Financial terms were not disclosed. “By combining Cellesce’s expertise in producing industrial-scale PDOs with Molecular Devices’ market-leading end-to-end solutions for automated organoid screening, we will enable customers to accomplish advanced 3D biology research with a commercial offering that’s never been available before from one provider. This enabling technology will make over 100k compound primary screens with PDOs a reality and will accelerate industry adoption of organoids," Susan Murphy, Molecular Devices President.

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