M&A Deal Summary

Northwest Biotherapeutics Acquires Flaskworks

On September 1, 2020, Northwest Biotherapeutics acquired medical products company Flaskworks for 4M USD

Acquisition Highlights
  • This is Northwest Biotherapeutics’ 1st transaction in the Medical Products sector.
  • This is Northwest Biotherapeutics’ largest (disclosed) transaction.
  • This is Northwest Biotherapeutics’ 1st transaction in the United States.
  • This is Northwest Biotherapeutics’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2020-09-01
Target Flaskworks
Sector Medical Products
Buyer(s) Northwest Biotherapeutics
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

Flaskworks

Boston, Massachusetts, United States
website
Flaskworks LLC is a manufacturer of immune cell therapies (including T cell therapies and others). Flaskworks is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Northwest Biotherapeutics

Bethesda, Maryland, United States

website

Category Company
Sector Life Science
DESCRIPTION

Northwest Biotherapeutics, Inc. is a biotechnology company focused on developing personalized immunotherapy products designed to treat cancers more effectively than current treatments, without toxicities of the kind associated with chemotherapies, and on a cost-effective basis, in both North America and Europe.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
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