M&A Deal Summary

Ascend Acquires Beacon Therapeutics - Chemistry Manufacturing & Controls

On April 9, 2024, Ascend acquired manufacturer Beacon Therapeutics - Chemistry Manufacturing & Controls from Beacon Therapeutics

Acquisition Highlights
  • This is Ascend’s 1st transaction in the Manufacturing sector.
  • This is Ascend’s 1st transaction in the United States.
  • This is Ascend’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-04-09
Target Beacon Therapeutics - Chemistry Manufacturing & Controls
Sector Manufacturing
Buyer(s) Ascend
Sellers(s) Beacon Therapeutics
Deal Type Divestiture

Target

Beacon Therapeutics - Chemistry Manufacturing & Controls

Alachua, Florida, United States
Beacon Therapeutics' Chemistry, Manufacturing & Controls is an operational good manufacturing practice (GMP) facility.

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Buyer(S) 1

Buyer

Ascend

London, United Kingdom

Category Company
Founded 2021
Sector Life Science
DESCRIPTION

Ascend is an adeno-associated virus (AAV) development partner working to bring next-generation gene therapy products to market. Ascend was founded in 2021 and is based in London, England.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Beacon Therapeutics

Alachua, Florida, United States

Category Company
Founded 2023
Sector Life Science
DESCRIPTION

Beacon Therapeutics is an ophthalmic gene therapy company that saves and restores the vision of patients with a range of prevalent and rare retinal diseases that result in blindness. Beacon Therapeutics was founded in 2023 and is based in Alachua, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1