M&A Deal Summary

Reaction Biology Acquires Bioassay

On December 2, 2022, Reaction Biology acquired life science company Bioassay

Acquisition Highlights
  • This is Reaction Biology’s 1st transaction in the Life Science sector.
  • This is Reaction Biology’s 1st transaction in Germany.

M&A Deal Summary

Date 2022-12-02
Target Bioassay
Sector Life Science
Buyer(s) Reaction Biology
Deal Type Add-on Acquisition
Advisor(s) ACXIT Capital (Financial)
Goodwin Procter (Legal)

Target

Bioassay

Heidelberg, Germany
Bioassay is an independent contract laboratory specializes in the development, validation and routine performance of bioanalytical assays. Bioassay is based in Heidelberg, Germany.

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Buyer(S) 1

Buyer

Reaction Biology

Malvern, Pennsylvania, United States

Category Company
Founded 2001
Sector Life Science
Employees130
DESCRIPTION

Reaction Biology is a contract research organization (CRO) that provides a full suite of drug discovery services to over 1,800 biopharmaceutical customers worldwide. Reaction's capabilities include functional biochemical assays, compound screening, a wide range of mechanistic and biophysical studies, and an extensive array of cell-based assays. Reaction Biology was founded in 2001 and is based in Malvern, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1