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VION Biosciences completes acquisition of BioAssay Systems to enhance product offering in life science research

Feb 05, 2025•10 months ago

Acquiring Company

VION Biosciences

Acquired Company

BioAssay Systems

CharlottesvilleHaywardBiotechnologyLife ScienceBiotechnology

Description

VION Biosciences, a life science platform company, has announced the acquisition of San Francisco area-based BioAssay Systems. This acquisition enhances VION’s proprietary product offering in the life science research field, strengthening its core strengths in drug discovery and research. The acquisition will provide reliable, high-quality solutions for critical research in the life science space and contributes to VION’s domestic and global expansion efforts.

Company Information

Company

VION Biosciences

Location

Charlottesville, Virginia, United States

About

VION Biosciences is positioned to be a best-in-class life science platform delivering market-leading manufacturing and mission-critical chemicals and specialty reagents alongside value-added services to enable scientific discovery, clinical testing, therapeutic development, and innovative solutions across a wide platform of key applications in the biochemical and life science sectors, from research to commercialization.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed