Prahlad Singh, PerkinElmer

PerkinElmer hits the check­book again, this time dol­ing out $260M for next-gen ther­a­py bioser­vices firm

When PerkinElmer iced a deal to pick up UK gene edit­ing firm Hori­zon Dis­cov­ery, it trum­pet­ed its big move in­to next-gen ther­a­peu­tics. Now, not con­tent to sit on its lau­rels, PerkinElmer is dip­ping in­to the war chest again, this time for a firm spe­cial­iz­ing in cut­ting-edge bioser­vices.

Life sci­ences ser­vices gi­ant PerkinElmer will shell out $260 mil­lion to ac­quire Lawrence, MA-based Nex­celom Bio­science, which of­fers clin­i­cal ser­vices for next-gen cell and gene ther­a­pies, im­muno-on­col­o­gy drugs and vac­cines, the com­pa­nies said Thurs­day.

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.