Add-on Acquisition • Life Science

Molecular Designs Acquires Lamda Biotech

On September 25, 2024, Molecular Designs acquired life science company Lamda Biotech

Acquisition Context
  • This is Molecular Designs’ 1st transaction in the Life Science sector.
  • This is Molecular Designs’ 1st transaction in the United States.
  • This is Molecular Designs’ 1st transaction in Missouri.

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M&A Deal Summary

Date September 25, 2024
Target Lamda Biotech
Sector Life Science
Buyer(s) Molecular Designs
Deal Type Add-on Acquisition

Target Company

Lamda Biotech

St. Louis, Missouri, United States
Lamda Biotech is a provider of research products for application in molecular biology, functional genomics, proteomics, and gene therapy. The Company offers PCR products, RT-PCR reagents, RT-qPCR kits, Direct-PCR genotyping kits, DNA ladders, SafeStain, and other protein and cell biology products. Lamda Biotech is headquartered in St. Louis, Missouri.
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Buyer Overview 1

Buyer

Molecular Designs

Birmingham, Alabama, United States

Category Company
Founded 2019
Sector Life Science
DESCRIPTION

Molecular Designs is a developer, manufacturer, and supplier of multiplex assays for molecular testing and research. Utilizing time-tested PCR to identify pathogens rapidly not only improves patient care but also advances antibiotic stewardship. Molecular Designs was founded in 2019 and is based in Birmingham, Alabama.


Deal Context for Buyer #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Add-on Acquisition 1 of 1
State: Missouri 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1