Mike Rice, BioLife Solutions CEO

Bi­o­Life So­lu­tions sets up shop in In­di­anapo­lis, adding a slate of new cell and gene ther­a­py tools to its belt

How far can $24 mil­lion get you? For Wash­ing­ton-based Bi­o­Life So­lu­tions, the an­swer is all the way to In­di­anapo­lis.

Bi­o­Life So­lu­tions, a top provider of tools and ser­vices for cell and gene ther­a­py de­vel­op­ment, is putting down a mod­est $24 mil­lion to snap up all the shares in Sex­ton Biotech­nolo­gies it doesn’t al­ready own, the part­ners said on Mon­day. In the process, it’s get­ting a slate of new bio­pro­duc­tion tools, and the deed to Sex­ton’s down­town In­di­anapo­lis fa­cil­i­ty.

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