Deal snapshot: FOUR US COMPANIES MERGE TO FORM DISCOVERY LIFE SCIENCES.
MANews-(C)2009-2018
US-based life science companies Conversant Bio, Folio Bio, Discovery Life Sciences and Phylogeny have merged under the name Discovery Life Sciences (Discovery) to create a global firm in biospecimen analysis and procurement for the pharmaceutical, biotechnology and diagnostics industries, the companies said.
The new company will leverage deep scientific expertise and consultative services, combined with the largest repository of more than 10m research-quality biospecimens, all available and processed for analysisa[euro]"to accelerate the discovery, research, and development of novel biomarkers, drug candidates, and diagnostics.
Country: USA
Sector: Biotechnology
Target: Discovery Life Sciences
Buyer: Conversant Bio, Folio Bio, Discovery Life Sciences and Phylogeny
Vendor:
Deal size in USD:
Type: Merger
Financing:
Status: Closed
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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| Publication: | M & A Navigator |
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| Date: | Oct 17, 2018 |
| Words: | 126 |
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