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Article: Millipore Paying $1.4B In Cash To Buy Serologicals.(Company overview)
- Article from:
- BIOWORLD Today
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Senior Staff Writer
Creating what could be a one-stop shop for biopharmaceutical customers, Millipore Corp. is acquiring Serologicals Corp. in a transaction worth $1.4 billion.
Atlanta-based Serologicals has long supplied consumable biological products, enabling technologies and services to support biological research, drug discovery and bioprocessing of therapeutic products. Likewise, Billerica, Mass.-based Millipore offers services to optimize the development and manufacturing of biologics. But together, they will have a broader range of products to offer, including Millipore's lab water and life science filtration capabilities and Serological's cell ...