Add-on Acquisition • Medical Products

Kiromic Acquires InSilico Solutions

On July 26, 2021, Kiromic acquired medical products company InSilico Solutions

Acquisition Context

This is Kiromic’s 1st transaction in the Medical Products sector.
This is Kiromic’s 1st transaction in the United States.
This is Kiromic’s 1st transaction in Virginia.

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M&A Deal Summary
Date	July 26, 2021
Target	InSilico Solutions
Sector	Medical Products
Buyer(s)	Kiromic
Deal Type	Add-on Acquisition

Target Company

InSilico Solutions

Fairfax, Virginia, United States

InSilico Solutions is a bioinformatics company with a stellar track record of developing innovative software for cancer researchers. InSilico's skills in machine learning, modeling, visualization, and intuitive interface design allow presenting complex data to researchers in an interpretable fashion, laying the groundwork for faster and more thorough discovery. InSilico Solutions was founded in 2007 and is based in Fairfax, Virginia.

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Buyer Overview 1

Buyer

Kiromic

Houston, Texas, United States

Category	Company
Founded	2006
Sector	Life Science
Employees	44

DESCRIPTION

Kiromic is an immuno-oncology, target discovery, and gene editing company developing highly effective and safe tumor-specific cancer engineered immunotherapies to face and defeat multiple cancer types. The company focused on extending the benefits of immunotherapy by leveraging Diamond AI (Kiromic Diamond Artificial Intelligence), which is a multi-purpose computational platform that can identify new cancer immunological targets for T-Cells and B-Cells. Kiromic was founded in 2006 and is based in Houston, Texas.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Medical Products	1 of 1
Type: Add-on Acquisition	1 of 1
State: Virginia	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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