M&A Deal Summary

AbCellera Biologics Acquires TetraGenetics

On September 13, 2021, AbCellera Biologics acquired life science company TetraGenetics

Acquisition Highlights
  • This is AbCellera Biologics’ 2nd transaction in the Life Science sector.
  • This is AbCellera Biologics’ 2nd transaction in the United States.
  • This is AbCellera Biologics’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2021-09-13
Target TetraGenetics
Sector Life Science
Buyer(s) AbCellera Biologics
Deal Type Add-on Acquisition

Target

TetraGenetics

Arlington, Massachusetts, United States
TetraGenetics is a biotechnology company with a proprietary platform for generating recombinant human ion channels and other transmembrane proteins. TetraGenetics is based in Arlington, Massachusetts.

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Buyer(S) 1

Buyer

AbCellera Biologics

Vancouver, British Columbia, Canada

Category Company
Founded 2012
Sector Life Science
Employees586
Revenue 29M USD (2024)
DESCRIPTION

AbCellera Biologics is a drug discovery platform that searches and analyzes natural immune systems to find antibodies that can be used to prevent and treat disease. AbCellera Biologics was founded in 2012 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-20 Dualogics - OrthoMab Bispecific Platform

Chapel Hill, North Carolina, United States

Dualogics LLC - OrthoMab Bispecific Platform can combine any two existing antibody sequences to create bispecifics that are 99% identical to natural human antibodies. OrthoMab antibodies are produced using standard production and purification techniques and are available in flexible formats that can be tailored to specific target biology and mechanisms of action.

Buy -