M&A Deal Summary

Gemini Bio Acquires Bio-Techne - Fetal Bovine Serum Product Rights

On November 25, 2024, Gemini Bio acquired life science company Bio-Techne - Fetal Bovine Serum Product Rights from Bio-Techne

Acquisition Highlights
  • This is Gemini Bio’s 2nd transaction in the Life Science sector.
  • This is Gemini Bio’s 2nd transaction in the United States.
  • This is Gemini Bio’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2024-11-25
Target Bio-Techne - Fetal Bovine Serum Product Rights
Sector Life Science
Buyer(s) Gemini Bio
Sellers(s) Bio-Techne
Deal Type Divestiture

Target

Bio-Techne - Fetal Bovine Serum Product Rights

Minneapolis, Minnesota, United States
Bio-Techne's Fetal Bovine Serum (FBS) Product Rights manufactures fetal bovine serum (FBS) product brands.

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Buyer(S) 1

Buyer

Gemini Bio

West Sacramento, California, United States

Category Company
Founded 1985
Sector Life Science
DESCRIPTION

Gemini Bio is a biological reagents manufacturer and supplier serving the scientific community across academic research and the biotechnology and biopharma industries. Gemini Bio was founded in 1985 and is based in West Sacramento, California.


DEAL STATS #
Overall 2 of 2
Sector (Life Science) 2 of 2
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-27 ORFLO Technologies

Ketchum, Idaho, United States

ORFLO Technologies is a supplier of cell analysis instruments including flow cytometers and cell counters, consumables, and reagents. ORFLO’s two flagship products are the Moxi Go, a benchtop flow cytometer, and the Moxi Z, a cell counter. Through the unique combination of impedance and fluorescence-based flow cytometry, ORFLO’s Moxi Go provides an informative window into cell analysis by directly measuring fluorescence, cell count, and cell volume simultaneously. ORFLO Technologies was founded in 2003 and is based in Ketchum, Idaho.

Sell -

Seller(S) 1

SELLER

Bio-Techne

Minneapolis, Minnesota, United States

Category Company
Founded 1976
Sector Life Science
Employees3,200
Revenue 1.1B USD (2023)
DESCRIPTION
Bio-Techne's corporate headquarters in Minneapolis, Minnesota.
Bio-Techne's corporate headquarters in Minneapolis, Minnesota.

Bio-Techne is a life sciences company that provides bioactive tools and resources for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes and the nature and progress of specific diseases. Bio-Techne was founded in 1976 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-22 Lunaphore

Tolochenaz, Switzerland

Lunaphore is a developer of fully automated spatial biology solutions using precision microfluidic technology capable of revealing hyperplex proteomic and transcriptomic biomarkers in tumors and other tissues at single-cell and subcellular resolution. The company's technology and instrumentation empower researchers in immunology, immuno-oncology, and neuroscience to push the boundaries of scientific discovery and accelerate therapeutic development. Its spatial biology technology enables the identification of biomarker "signatures" with clinical relevance, providing data necessary to support the development of diagnostic tools and streamline clinical trials, and ultimately improve patient outcomes. Lunaphore was formed in 2014 and is based in Tolochenaz, Switzerland.

Buy -