M&A Deal Summary

Castle Creek Biosciences Acquires Novavita Thera

On January 10, 2022, Castle Creek Biosciences, Inc. acquired life science company Novavita Thera, Inc.

Acquisition Highlights
  • This is Castle Creek Biosciences’ 1st transaction in the Life Science sector.
  • This is Castle Creek Biosciences’ 1st transaction in the United States.
  • This is Castle Creek Biosciences’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2022-01-10
Target Novavita Thera, Inc.
Sector Life Science
Buyer(s) Castle Creek Biosciences, Inc.
Deal Type Add-on Acquisition

Target

Novavita Thera, Inc.

Rochester, Minnesota, United States
website
Novavita Thera is a preclinical gene therapy company focused on rare liver and metabolic diseases. Novavita Thera is based in Rochester, Minnesota.

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Buyer(S) 1

Buyer

Castle Creek Biosciences, Inc.

Exton, Pennsylvania, United States

website


Category Company
SectorLife Science
DESCRIPTION

Castle Creek Biosciences is a late-clinical stage cell and gene therapy company focused on developing and preparing to commercialize disease-modifying and potentially curative therapies for patients living with rare genetic diseases. Castle Creek Biosciences is based in Exton, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1