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Orgenesis Acquires Control of Octomera with the Goal of Progressing its Decentralized Immuno-Oncology Portfolio to Clinic

PRIVATEJan 31, 2024

Acquiring Company

Orgenesis Inc.

Acquired Company

Octomera

GermantownBiotechnologyPharmaceutical Manufacturing

Description

Orgenesis Inc. has entered into a definitive agreement to acquire the approximate 25% stake in Octomera LLC, thereby allowing Orgenesis to have 100% ownership of this core strategic business unit. The acquisition aligns with Orgenesis' goal of progressing its decentralized immuno-oncology portfolio to the clinic and reinforces its commitment to advancing cell and gene therapies towards commercialization.

Quick answer

Orgenesis Inc. is acquiring Octomera, announced January 31, 2024. Orgenesis Inc. is based in Germantown, Maryland, United States.

How much did Orgenesis Inc. pay for Octomera?
The deal value was not disclosed.
What does Orgenesis Inc. do?
Orgenesis Inc. is a global biotech company committed to unlocking the potential of cell and gene therapies (CGTs) and pioneering a decentralized approach to processing since 2020.
Where are Orgenesis Inc. and Octomera based?
Orgenesis Inc. is based in Germantown, Maryland, United States.
Who are the decision-makers at Orgenesis Inc?
Fundz holds 1 contact at Orgenesis Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Orgenesis Inc.

Location

Germantown, Maryland, United States

About

Orgenesis Inc. is a global biotech company committed to unlocking the potential of cell and gene therapies (CGTs) and pioneering a decentralized approach to processing since 2020. This new model allows Orgenesis to bring academia, hospitals, and industry together to advance CGTs toward eventual commercialization.

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Frequently asked

Who acquired Octomera?

Octomera was acquired by Orgenesis Inc., based in Germantown. The deal was reported on January 31, 2024. Orgenesis Inc. is a global biotech company committed to unlocking the potential of cell and gene therapies (CGTs) and pioneering a decentralized approach to processing since 2020. Orgenesis Inc. is privately held and operates in Biotechnology.

When did Orgenesis Inc. acquire Octomera?

Orgenesis Inc.'s acquisition of Octomera was reported on January 31, 2024. Orgenesis Inc. has entered into a definitive agreement to acquire the approximate 25% stake in Octomera LLC, thereby allowing Orgenesis to have 100% ownership of this core strategic business unit. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Octomera do?

Octomera LLC is the cell processing services subsidiary of Orgenesis Inc., focused on advancing decentralized GMP production and proprietary therapeutics. It is privately held, operating in Pharmaceutical Manufacturing.

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