M&A Deal Summary

Maravai Acquires Officinae Bio - DNA and RNA business

On November 7, 2024, Maravai acquired life science company Officinae Bio - DNA and RNA business from Officinae Bio

Acquisition Highlights
  • This is Maravai’s 4th transaction in the Life Science sector.
  • This is Maravai’s 1st transaction in Italy.

M&A Deal Summary

Date 2024-11-07
Target Officinae Bio - DNA and RNA business
Sector Life Science
Buyer(s) Maravai
Sellers(s) Officinae Bio
Deal Type Divestiture

Target

Officinae Bio - DNA and RNA business

Venice, Italy
Officinae Bio's DNA and RNA business generates libraries of precisely engineered UTRs (untranslated regions), optimizing efficacy and safety through enhanced translation and tissue-specificity. Officinae Bio's DNA and RNA business is based in Venice, Italy.

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Buyer(S) 1

Buyer

Maravai

San Diego, California, United States

Category Company
Founded 2020
Sector Life Science
Employees570
Revenue 289M USD (2023)
DESCRIPTION

Maravai’s mission is to build a transformative company in the in vitro diagnostics and life sciences tools markets by acquiring outstanding businesses in these spaces and accelerating their growth. Maravai was founded in 2020 and is based in San Diego, California.


DEAL STATS #
Overall 5 of 5
Sector (Life Science) 4 of 4
Type (Divestiture) 1 of 1
Country (Italy) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-28 MyChem

San Diego, California, United States

MyChem is a privately held provider of proprietary, ultra-pure nucleotides to customers in the diagnostics, pharma, genomics, and research markets. MyChem products include modified nucleotides and other inputs used for mRNA synthesis. MyChem is based in San Diego, California.

Buy $240M

Seller(S) 1

SELLER

Officinae Bio

Venice, Italy

Category Company
Founded 2020
Sector Life Science
DESCRIPTION

Officinae Bio is a privately held technology company with a proprietary digital platform to support the biological design of therapeutics. Officinae Bio enables rapid prototyping of mRNA candidates to test diverse combinations of CAP analogs, chemistry modifications, and sequence designs for client discovery programs. Officinae Bio was founded in 2020 and is based in Venice, Italy.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
Country (Italy) 1 of 1
Year (2024) 1 of 1