M&A Deal Summary

GreenLight Biosciences Acquires Bayer s Topical RNA Intellectual Property

On May 20, 2021, GreenLight Biosciences acquired healthcare services company Bayer s Topical RNA Intellectual Property from Bayer HealthCare AG

Acquisition Highlights
  • This is GreenLight Biosciences’ 1st transaction in the Healthcare Services sector.
  • This is GreenLight Biosciences’ 1st transaction in Germany.

M&A Deal Summary

Date 2021-05-20
Target Bayer s Topical RNA Intellectual Property
Sector Healthcare Services
Buyer(s) GreenLight Biosciences
Sellers(s) Bayer HealthCare AG
Deal Type Divestiture

Target

Bayer s Topical RNA Intellectual Property

Leverkusen, Germany
Bayer's Topical RNA Intellectual Property includes bee health capabilities to protect against Varroa mites, a major threat to honeybees. The RNA-based Varroa mite control advance allows beekeepers to directly target the Varroa mite without harming the honeybee, a critical advantage to other treatments on the market today. RNA's potential for improving plant, animal, and human health has been known for years, but widespread commercial use hasn't previously been possible, due to RNA's cost of production and slow production time.

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Buyer(S) 1

Buyer

GreenLight Biosciences

Medford, Massachusetts, United States

Category Company
Sector Life Science
DESCRIPTION

GreenLight Biosciences is an integrated life sciences company with a cutting-edge platform that can deliver high-quality RNA more quickly and less expensively than previously possible. GreenLight develops RNA products and collaborates with industry leaders to advance human vaccine and therapy development, pandemic preparation, crop management, plant protection and support the health of bees and other pollinators. The GreenLight team values diversity, inclusion, and equality and promises to use collaboration to remain scientifically imaginative and passionately focused on making a difference in the world.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Bayer HealthCare AG

Leverkusen, Germany

Category Company
Sector Healthcare Services
DESCRIPTION

Bayer HealthCare AG manufactures products to diagnose, prevent, and treat human and animal disease worldwide.


DEAL STATS #
Overall 3 of 3
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-06 Domeboro

Cedar Knolls, New Jersey, United States

Domeboro is a provider of topical astringent used for relieving itch and minor skin irritations.

Sell -