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Provides Oxford Biomedica with multi viral vector CDMO capabilities.
December 4, 2023
By: Anthony Vecchione
Oxford Biomedica plc, a cell and gene therapy contract development and manufacturing organization (CDMO), has entered into a sale and purchase agreement with TSGH SAS, a subsidiary of Institut Mérieux SA, for the acquisition of ABL Europe SAS. The acquisition for a consideration of €15 million, includes the value of €10 million, of pre-completion cash funding from Institut Mérieux in ABL Europe. Completion of the transaction is currently expected to take place in the first quarter of 2024....
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