6 Acquisitions of Companies in the Genetics Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Genetics industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 6 acquisitions that took place in the Genetics industry.

ArcherDX acquired by Integrated DNA Technologies

Details about the transaction:

Acquisition amount:

$48,000,000

Announcement:

20 December 2022

Details about the company:

A biotechnology company with a focus on cancer research is called ArcherDX.

Headquarter:

Boulder, Colorado, United States

Where to find them:

Industry:

Biopharma, Biotechnology, Genetics, Life Science

Details about the buyer:

Short DNA strands known as oligonucleotides are offered for sale by Integrated DNA Technologies.

Headquarter:

Coralville, Iowa, United States

Where to find them:

Edico Genome acquired by Illumina

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

15 May 2018

Details about the company:

Bioinformatics will be developed by Edico Genome, Inc.

Headquarter:

La Jolla, California, United States

Where to find them:

Industry:

Big Data, Biotechnology, Genetics, Health Care

Details about the buyer:

Illumina is a cutting-edge technology with ground-breaking tests intended to study genetic variation and function.

Headquarter:

San Diego, California, United States

Where to find them:

AGTC acquired by Syncona Partners LLP

Details about the transaction:

Acquisition amount:

$23,500,000

Announcement:

24 October 2022

Details about the company:

AAV-based gene treatments are being tested on humans by AGTC, a biotechnology firm, to treat uncommon disorders.

Headquarter:

Alachua, Florida, United States

Where to find them:

Industry:

Biotechnology, Clinical Trials, Genetics, Health Care, Pharmaceutical

Details about the buyer:

Healthcare organization Syncona Partners LLP is dedicated to funding and fostering the development of world-class life science experts.

Headquarter:

London, England, United Kingdom

Where to find them:

BioStrand acquired by ImmunoPrecise Antibodies

Details about the transaction:

Acquisition amount:

$22,183,057

Announcement:

29 March 2022

Details about the company:

BioStrand is developing genetic data analysis technologies, which will spur advancements in the domains of precision medicine.

Headquarter:

Diepenbeek, Limburg, Belgium

Where to find them:

Industry:

Bioinformatics, Biotechnology, Genetics, Life Science

Details about the buyer:

Dedicated to the next generation of antibody discovery, ImmunoPrecise is a full-service, therapeutic antibody discovery firm.

Headquarter:

Victoria, British Columbia, Canada

Where to find them:

AltheaDx acquired by Castle Biosciences

Details about the transaction:

Acquisition amount:

$65,000,000

Announcement:

4 April 2022

Details about the company:

In addition to PCR-based services like assay development and assay validation, AltheaDx also provides molecular diagnostics.

Headquarter:

San Diego, California, United States

Where to find them:

Industry:

Biotechnology, Clinical Trials, Genetics, Health Care, Health Diagnostics

Details about the buyer:

A biotech business called Castle Biosciences creates and certifies technologies and diagnostic tests for the treatment of cancer.

Headquarter:

Friendswood, Texas, United States

Where to find them:

Xtal BioStructures acquired by Schrödinger

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

18 January 2022

Details about the company:

For clients interested in X-ray crystallography and biophysical characterization, Xtal BioStructures provides protein synthesis and purification.

Headquarter:

Natick, Massachusetts, United States

Where to find them:

Industry:

Biotechnology, Genetics, Pharmaceutical

Details about the buyer:

In addition to establishing a drug development pipeline, Schrödinger provides molecular design tools for pharma/biotech and materials research.

Headquarter:

New York, New York, United States

Where to find them: