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Aiming to expand its presence in Europe as well as its business in regenerative medicines, Hitachi Chemical will acquire Apceth Biopharma, a German contract manufacturer, for about $85 million. The deal follows Hitachi’s purchase of PCT, a US regenerative medicines contractor, in 2017 and the opening of a contract development and manufacturing facility in Yokohama, Japan, last April. Apceth specializes in producing cancer immunotherapy cells, induced pluripotent stem cells, and mesenchymal stem cells.
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