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Biologics

Fujifilm buys U.S. cell culture business

by Jean-François Tremblay
April 9, 2018 | A version of this story appeared in Volume 96, Issue 15
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Fujifilm has agreed to buy California-based Irvine Scientific Sales and its Japanese subsidiary for $800 million. Irvine produces cell culture media—solutions and powders that contain nutrients to promote cell growth and proliferation. Fujifilm expects the cell culture media market to grow 10% annually, buoyed by demand for antibody drugs and regenerative medicine. Fujifilm says Irvine will mesh with its own service business related to regenerative medicine, antibodies, and reagents.

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