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Pays roughly $875 million to significantly expand capabilities in the cell and gene therapy sector.
February 17, 2021
By: Tim Wright
Editor-in-Chief, Contract Pharma
Charles River Laboratories has signed an agreement to acquire Cognate BioServices, a cell and gene therapy contract development and manufacturing organization (CDMO), for approximately $875 million. The deal is expected to close by the end of the first quarter of 2021. “Cognate BioServices presents a unique opportunity to expand into a high-growth, value-added sector of the CDMO market and enhance our ability to meet our clients’ needs in emerging areas of scientific innovation,” said James C....
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