Stéphane Bancel, Moderna CEO (AP Photo/Charles Krupa)

Mod­er­na's glo­be­trot­ting BD team snags an mR­NA up­start with some handy new tech tools

Mod­er­na CEO Stéphane Ban­cel made it clear ear­ly on in their M&A map­ping phase that the biotech would be hunt­ing the world for just the right mR­NA-re­lat­ed deals to build the com­pa­ny in­to a glob­al pow­er­house. And noth­ing il­lus­trates that strat­e­gy bet­ter than the $85 mil­lion tuck-in that the biotech is un­veil­ing this morn­ing.

Ban­cel has struck a deal to buy Tokyo-based Ori­Ciro Ge­nomics and its work on cell-free syn­the­sis and am­pli­fi­ca­tion of plas­mid DNA, build­ing up their set of tech for man­u­fac­tur­ing aimed at scal­ing up pro­duc­tion faster and carv­ing weeks out of the process.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.