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STEMCELL Technologies completes acquisition of substantially all assets of SQZ Biotechnologies

Feb 29, 2024

Acquiring Company

STEMCELL Technologies

Acquired Company

Sqz

VancouverMassachusettsBiotechnologyBiotechnology

Description

STEMCELL Technologies has successfully acquired substantially all assets of SQZ Biotechnologies, marking a significant milestone for STEMCELL as it expands its portfolio and capabilities in the biotechnology sector. This acquisition paves the way for STEMCELL to further develop innovative cell therapies and strengthens its position in the global life sciences sector.

Quick answer

STEMCELL Technologies is acquiring Sqz, announced February 29, 2024. STEMCELL Technologies is based in Vancouver, British Columbia, Canada.

How much did STEMCELL Technologies pay for Sqz?
The deal value was not disclosed.
What does STEMCELL Technologies do?
STEMCELL Technologies is Canada’s largest biotechnology company, known for providing more than 2,500 specialized reagents, tools, and services to support life sciences research.
Where are STEMCELL Technologies and Sqz based?
STEMCELL Technologies is based in Vancouver, British Columbia, Canada. Sqz is based in Massachusetts, Massachusetts, United States.
Who are the decision-makers at STEMCELL Technologies?
Fundz holds 1 contact at STEMCELL Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

STEMCELL Technologies

Location

Vancouver, British Columbia, Canada

About

STEMCELL Technologies is Canada’s largest biotechnology company, known for providing more than 2,500 specialized reagents, tools, and services to support life sciences research. It offers high-quality cell culture media, cell separation technologies, instruments, accessory products, educational resources, and contract assay services used by scientists performing stem cell, immunology, cancer, regenerative medicine, and cellular therapy research globally.

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Frequently asked

Who acquired Sqz?

Sqz was acquired by STEMCELL Technologies, based in Vancouver. The deal was reported on February 29, 2024. STEMCELL Technologies is Canada’s largest biotechnology company, known for providing more than 2,500 specialized reagents, tools, and services to support life sciences research. STEMCELL Technologies is privately held and operates in Biotechnology.

When did STEMCELL Technologies acquire Sqz?

STEMCELL Technologies's acquisition of Sqz was reported on February 29, 2024. STEMCELL Technologies has successfully acquired substantially all assets of SQZ Biotechnologies, marking a significant milestone for STEMCELL as it expands its portfolio and capabilities in the biotechnology sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sqz do?

SQZ Biotechnologies Company, based in Massachusetts, is known for its innovative method of introducing therapeutic cargo into cells by squeezing them (mechanoporation). It is privately held, operating in Biotechnology, and is based in Massachusetts.

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