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Investment
Microbiome specialist Arranta Bio raises $82 million
by Marc S. Reisch
November 9, 2019
| A version of this story appeared in
Volume 97, Issue 44
Arranta Bio, a 6-month-old contract development and manufacturing organization, has raised $82 million from investors including Thermo Fisher Scientific and the private equity firm Ampersand Capital Partners. Arranta plans to develop and commercialize therapies for customers targeting diseases linked to the human microbiome. It expects to open late-clinical and commercial-ready capacity in Watertown, Massachusetts, by mid-2020. Separately, Arranta has formed a partnership in which it will provide Thermo Fisher with gene therapy materials.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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