Germany's Merck KGaA Acquires FloDesign Sonics
11 October 2019 - 1:02AM
Dow Jones News
By Kim Richters
Germany's Merck KGaA (MRK.XE) said on Thursday that it acquired
U.S. company FloDesign Sonics.
FloDesign Sonics provides technology that enables the
manipulation of cells with ultrasonic waves and that is used in
cell and gene therapy manufacturing, pharmaceutical company Merck
said.
The "acquisition is a strategic fit for Merck, strengthening the
ability alongside pharmaceutical manufacturers to advance
cell-based therapies to patients," the company said.
The company didn't comment on the financial details of the
deal.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
October 10, 2019 09:47 ET (13:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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