Issue Date: November 7, 2011
Repligen To Acquire A Novozymes Facility
Repligen is acquiring a Novozymes plant in Lund, Sweden, that manufactures both growth factors used in mammalian cell culture and Protein A affinity ligands used to make monoclonal antibodies. Repligen is paying about $23 million plus potential milestone payments of almost $6 million. The Swedish business is expected to have sales of more than $16 million this year. Repligen, which already sells four forms of Protein A, says the transaction will elevate it into a leading supplier of products for manufacturing biologic drugs.
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