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Announced

Completed

Bio-Techne completed the acquisition of Lunaphore.

Synopsis

Bio-Techne, a supplier of tools for life science research, therapeutic manufacturing, and clinical diagnostics, completed the acquisition of Lunaphore, a life sciences company. Financial terms were not disclosed. “Lunaphore is very complementary to Bio-Techne’s leading spatial biology franchise, as COMET™ delivers an automation platform for our RNAscope assays, and we leverage our global commercial team to penetrate this rapidly growing market. We also see additional synergies with our leading portfolio of antibodies and other products. Lunaphore is seeing strong initial traction with its COMET™ instrument, as this fully integrated, fully automated spatial biology system delivers the end-to-end automation that is in high demand from translational researchers. We anticipate COMET™ to play an important role as spatial biology gains traction in clinical applications. We are excited to welcome Lunaphore’s talented team, instrument portfolio, and technology to Bio-Techne,” Chuck Kummeth, Bio-Techne President and CEO.

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