M&A Deal Summary

The United States Pharmacopeial Convention Acquires Stratix Labs

On October 21, 2024, The United States Pharmacopeial Convention acquired life science company Stratix Labs

Acquisition Highlights
  • This is The United States Pharmacopeial Convention’s 1st transaction in the Life Science sector.
  • This is The United States Pharmacopeial Convention’s 2nd transaction in the United States.
  • This is The United States Pharmacopeial Convention’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2024-10-21
Target Stratix Labs
Sector Life Science
Buyer(s) The United States Pharmacopeial Convention
Deal Type Add-on Acquisition

Target

Stratix Labs

Saint Paul, Minnesota, United States
Stratix Labs is a microbiology technology company. Creating innovative microbial products that advance microbiology, improve quality control, and accelerate antimicrobial product development. Stratix Labs was formed in 2019 and is headquartered in Saint Paul, Minnesota.

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Buyer(S) 1

Buyer

The United States Pharmacopeial Convention

Rockville, Maryland, United States
Category Company
Sector Information Technology
DESCRIPTION

The United States Pharmacopeial Convention is an independent non-profit organization that collaborates with health and science experts to develop high-quality standards that set the bar for manufacturing and distributing safe and effective medicines, supplements and food around the globe.

DEAL STATS #
Overall 2 of 2
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Minnesota) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Pharmatech Associates

Hayward, California, United States

Pharmatech Associates provides consulting and services to the regulated life science industry. Pharmatech’s services cover four spheres of technical expertise in product development lifecycle: Product and Process Development, Compliance, Regulatory, and Validation. Pharmatech Associates was founded in 1995 and is based in Hayward, California.

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