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Gemini Bioproducts, LLC Acquires Selected Fetal Bovine Serum (FBS) Product Rights and Inventory from Bio-Techne

PRIVATENov 25, 2024

Acquiring Company

Gemini BioProducts

Acquired Company

Bio-Techne Corporation

West SacramentoMinneapolisManufacturingBiotechnologyManufacturingBiotechnologyHealth CareScience And EngineeringBiotechnology Research

Description

Gemini Bioproducts, LLC, a leading supplier of cell culture reagents and process liquids, has acquired selected fetal bovine serum (FBS) product rights and inventory from Bio-Techne. With this acquisition, GeminiBio aims to ensure continuity of supply for existing customers and provide expanded options and enhanced supply chain security for FBS products.

Quick answer

Gemini BioProducts is acquiring Bio-Techne Corporation, announced November 25, 2024. Gemini BioProducts is based in West Sacramento, California, United States.

How much did Gemini BioProducts pay for Bio-Techne Corporation?
The deal value was not disclosed.
What does Gemini BioProducts do?
Founded in 1985, GeminiBio serves the global biotechnology industry, from basic research to commercial production, with a focus on helping our customers accelerate the development of life enhancing biotherapeutics by..
Where are Gemini BioProducts and Bio-Techne Corporation based?
Gemini BioProducts is based in West Sacramento, California, United States. Bio-Techne Corporation is based in Minneapolis, Minnesota, United States.
Who are the decision-makers at Gemini BioProducts?
Fundz holds 2 contacts at Gemini BioProducts. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Gemini BioProducts

Location

West Sacramento, California, United States

About

Founded in 1985, GeminiBio serves the global biotechnology industry, from basic research to commercial production, with a focus on helping our customers accelerate the development of life enhancing biotherapeutics by streamlining and improving their cell culture and process liquid manufacturing workflows. The company's products are organized into two core verticals – Cell Culture Solutions and Process Liquid Solutions. Located in West Sacramento, California, GeminiBio has 57,000 square feet of cGMP manufacturing space that is segregated between animal origin free and animal component manufacturing. GeminiBio is an ISO 13485 certified, FDA registered Class 1 Medical Device Manufacturer, aligned with 21 CFR Part 820.

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Frequently asked

Who acquired Bio-Techne Corporation?

Bio-Techne Corporation was acquired by Gemini BioProducts, based in West Sacramento. The deal was reported on November 25, 2024. Gemini BioProducts is privately held and operates in Manufacturing.

When did Gemini BioProducts acquire Bio-Techne Corporation?

Gemini BioProducts's acquisition of Bio-Techne Corporation was reported on November 25, 2024. Gemini Bioproducts, LLC, a leading supplier of cell culture reagents and process liquids, has acquired selected fetal bovine serum (FBS) product rights and inventory from Bio-Techne. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bio-Techne Corporation do?

Bio-Techne Corporation is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. It is publicly traded (TECH), operating in Manufacturing, and is based in Minneapolis.

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