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Announced

Biotage to acquire Astrea Bioseparations from KKR-backed Gamma Biosciences for $235m.

Synopsis

Biotage, a life science company, agreed to acquire Astrea Bioseparations, a biotechnology research company, from KKR-backed Gamma Biosciences, a biotechnology company, for $235m. "This move brings together two highly regarded and complementary businesses creating a differentiated player in the field of chromatography. Astrea is quickly becoming one of the leaders in its field with an incredible pipeline of innovation targeting advanced therapeutics. We are excited to join forces with the team at Biotage and leverage the strong foundation that they've established to rapidly grow these businesses together," Matt Gunnison, Gamma Biosciences CEO.

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