How much did Danaher pay for aldevron?
WASHINGTON, June 17, 2021 / PRNewswire / -- Danaher Corporation (NYSE: DHR) (the "Company") announced today that Danaher has entered into a definitive agreement to acquire privately-held Aldevron, for a cash purchase price of approximately $9.6 billion.
What is aldevron LLC?
Aldevron LLC. Aldevron, L.L.C. operates as a biotechnology company The Company develops and manufactures plasmid DNA, proteins, enzymes, antibodies, and other biologicals. Aldevron serves customers worldwide.
How will the Danaher-aldevron deal be funded?
Danaher plans to fund the deal by utilizing available cash in hand and/or issuance of commercial paper. The acquisition is subject to certain regulatory approvals. Danaher CEO Rainer M. Blair commented, "We are thrilled to have Aldevron join Danaher's Life Sciences segment.
Is Aldebaran resources on OTCQX?
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Aldebaran Resources Inc. (TSX-V: ALDE) (OTCQX: ADBRF), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Aldebaran Resources Inc. upgraded to OTCQX from the Pink® market.
What does Aldevron do?
Aldevron, founded in 1998, is a global player in production of plasmid DNA, mRNA and recombinant proteins used in vaccines, gene and cell therapies, and more. The products have become increasingly popular in recent years, straining many segments of the global supply chain.
Who owns aldevron Fargo?
Danaher CorporationDanaher Corporation (NYSE: DHR) announced today that Danaher has entered into a definitive agreement to acquire privately-held Aldevron, for a cash purchase price of approximately $9.6 billion.
What is Aldevron Fargo?
Aldevron is a leading global provider of high-quality plasmid DNA, gene proteins used in vaccines, gene and cell therapy, gene editing, and diagnostic applications. The company recently completed construction of a state-of-the-art 189,000 sq. ft. facility on its 14-acre campus in Fargo.
Who started aldevron?
Founded in 1998 by Michael Chambers and John Ballantyne, Aldevron is headquartered in Fargo and employs approximately 600 people. Aldevron manufactures high-quality plasmid DNA, mRNA, and proteins, serving biotechnology and pharmaceutical customers across research, clinical and commercial applications.
Who sold Aldevron?
Danaher CorporationEQT Private Equity has agreed to sell Aldevron, a producer of nucleic acids and proteins, to Danaher Corporation for $9.6 billion. EQT acquired a majority stake in Aldevron in July 2019 from TA Associates.
Who bought Aldevron?
Danaher CorporationWASHINGTON, Aug. 30, 2021 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) ("Danaher") announced today the completion of its acquisition of Aldevron. As previously announced, Aldevron will operate as a standalone operating company and brand within Danaher's Life Sciences segment.
What did Aldevron sell?
approximately $9.6 billionWASHINGTON, June 17, 2021 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) (the "Company") announced today that Danaher has entered into a definitive agreement to acquire privately-held Aldevron, for a cash purchase price of approximately $9.6 billion.
Where is Aldevron located?
Fargo, North DakotaBased in Fargo, North Dakota, Aldevron was initially established as a small laboratory in the North Dakota State University in 1998.
What is a plasmid and what does it do?
A plasmid is a small, circular, double-stranded DNA molecule that is distinct from a cell's chromosomal DNA. Plasmids naturally exist in bacterial cells, and they also occur in some eukaryotes. Often, the genes carried in plasmids provide bacteria with genetic advantages, such as antibiotic resistance.
Is aldevron a Danaher company?
Aldevron was founded in 1998 by Michael Chambers and John Ballantyne. In 2021, Aldevron became part of the Danaher Family.
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High-quality plasmid DNA production for a wide range of research, preclinical, clinical, and diagnostic applications.
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Our research-grade production facilities provide the flexibility needed to offer competitive pricing and rapid turnaround times while still maintaining the quality our clients expect.
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Acquisition combines Aldevron's leadership in GMP manufacturing with Nature Tech's portfolio of proprietary technologies. Aldevron has acquired...
About Aldevron
Manufacturing standardization for cell and gene therapies (C>) has received increased focus in the last several years, spurred by the rapid...
Innovative Science. Consistent Biologics. Experienced Partner
We provide high-quality plasmid DNA, proteins, enzymes, and other biologicals to help our partners achieve ground-breaking science throughout a variety of life science applications. From contract services to comprehensive solutions, we supply what you need, when you need it, with expert support at every stage of development and production.
Where is Aldebaran located?
Contact us about our comprehensive development and manufacturing services and how we can help you navigate the entire pharmaceutical development cycle.
When will the TSX Venture Exchange close?
Aldebaran acquired the Rio Grande copper-gold project located in Salta Province, Argentina from Regulus along with several other early-stage projects in Argentina. Aldebaran also has the right to earn up to an 80% interest in the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater.
Is Altar Central a gold or silver deposit?
The Company intends to continue to drill until the end of the field season, which is typically in May. The Offering is scheduled to close on or about April 29, 2021, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals of the TSX Venture Exchange.
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Altar Central and Altar East are separated into supergene copper (secondary sulphide) and hypogene copper-gold (primary sulphide) mineralization. The QDM Gold deposit is categorized as a separate resource as it is located approximately 3 km west from Altar Central and is primarily a gold-silver deposit.
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Where is Aldevron headquartered?
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What is Aldevron DNA?
Founded in 1998 by Michael Chambers and John Ballantyne, Aldevron is headquartered in Fargo, North Dakota and employs approximately 600 people.
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Aldevron manufactures high-quality plasmid DNA, mRNA, and proteins, serving biotechnology and pharmaceutical customers across research, clinical and commercial applications. Aldevron will operate as a standalone operating company and brand within Danaher's Life Sciences segment.
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