Thermo Fisher expands bioprocessing with BD acquisition

By Ben Hargreaves

- Last updated on GMT

(Image: Getty/DuncanAndison)
(Image: Getty/DuncanAndison)

Related tags Thermo fisher Bd

Thermo Fisher Scientific announced the acquisition of BD’s Advanced Bioprocessing unit, which will join its Life Sciences Solution business.

In its latest investment into the biomanufacturing space, Thermo Fisher moved to acquire Beckon, Dickinson and Company’s portfolio in the area, which includes peptones that improve cell culture media formulations.

The Advanced Bioprocessing unit has an approximate annual revenue of $100m (€86.25m). It is built to provide services that improve cell culture yield while reducing variability.

A spokesperson for Thermo Fisher told us that these services will be “complementary to our existing offering[s]”​ and will add “strong technical service programs”​.

A spokesperson for Thermo Fisher stated that “the talent and expertise of the Advanced Bioprocessing team…is a key reason we are interested in acquiring the business”;​ However, they did not confirm the numbers of staff that would be retained, stating only that such plans are just being formed.

The acquisition is expected to be completed in early 2019, for an undisclosed fee, and will add to a number of deals Thermo Fisher has made within bioprocessing as of late.

Earlier this year, the company spent $50m to bolster capacity​ at its St. Louis, Missouri, facility and signed a long-term contract with Juno Therapeutics to develop CAR T therapies​.

Related news

Show more

Related products

show more

Trends in Biopharmaceutical Raw Material Selection

Trends in Biopharmaceutical Raw Material Selection

Actylis – The Partner of Choice | 31-Jan-2023 | Business Advice

Join us as our in-house experts, along with Cecile Bellamy from Pfizer, discuss current and future trends in biopharmaceutical raw material selection.

eBook: mRNA prospects and scale-up solutions

eBook: mRNA prospects and scale-up solutions

Thermo Fisher Scientific - Biosciences | 01-Jan-2023 | Insight Guide

This mRNA eBook was created by Thermo Fisher Scientific, in collaboration with Genetic Engineering & Biotechnology News (GEN), to provide you with...

Liposomal and Nanoparticle Technology

Liposomal and Nanoparticle Technology

Pfizer CentreOne | 18-Nov-2022 | Technical / White Paper

Medical science is continuously searching for better ways to administer drugs into the body and to maximize the therapeutic effectiveness of the drugs...

Connectivity & Integration in Biomanufacturing

Connectivity & Integration in Biomanufacturing

Wheeler Bio | 17-Nov-2022 | Technical / White Paper

As the Pharma 4.0 initiative sets a new industry paradigm, more biomanufacturing companies are asking how they can design and build facilities that apply...

Related suppliers

Follow us

Products

View more

Webinars