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BioLife Solutions Acquires SciSafe

Enables BioLife to offer more value to its cell and gene therapy customers.

By: Contract Pharma

Contract Pharma Staff

BioLife SolutionsInc., a developer and supplier of bioproduction tools for cell and gene therapies, has entered into a definitive agreement to acquire SciSafe, a privately held multi-facility provider of biological materials storage to the cell and gene therapy and pharmaceutical industries. The transaction is expected to close on September 30.   Under the terms of the agreement, BioLife will pay $15 million in cash and $15 million in newly issued shares of BioLife common stock for 100% of the o...

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