Blackstone bankrolls supply chain player's deal spree with $275M
A wheeling and dealing Blackstone crew isn’t limiting its focus on drug — or even medtech — R&D. In its latest deal, the private equity firm is splashing $275 million to fund a logistics company’s ambition to seize an even larger portion of the cell and gene therapy supply chain.
Cryoport’s acquisition of MVE Biological Solutions, a $320 million all-cash deal, is its second buyout in 4 days.
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