Molecular technology firm Zymergen Inc has acquired Radiant Genomics Inc, a functional metagenomics research company.
The acquisition will enable Zymergen to add Genomics’ metagenomic technologies and accompanying genetic libraries to its core platform.
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Both companies involved in the acquisition are based in the US.
Celgene Corp has signed an agreement to acquire Impact Biomedicines Inc for $7bn.
Celgene will pay $1.1bn in cash to Biomedicines’s shareholders, who will also receive contingent payments based on regulatory approval and sales-based milestones.
Celgene is a biopharmaceutical company, while Impact Biomedicines is involved in the development of complex cancer treatments such as Fedratinib, a JAK2 kinase inhibitor. Both companies are based in the US.
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By GlobalDataThe acquisition will enable Celgene to add Fedratinib to its product pipeline.
China Biology Services Group Limited has signed a memorandum agreement to purchase 34.33% stake in Sinobioway Cell Therapy Co Ltd from Sinobioway Biomedical Co Ltd for CNY165.98m ($25.53m).
Based in Hong Kong, China Biology Services Group is a subsidiary of China Biotech Services Holdings Limited, while Sinobioway Biomedical Company, also based in China, invests in R&D and manufacturing of antibody drugs.
The acquisition will enable China Biotech Services Holdings Limited to explore opportunities in CAR-T cell therapy.
