Biotechnology Acquisitions in Arizona

Ally Biotech, a Payson, Arizona-based cannabinoid delivery company, acquired the Chill PillTM soft gel cap brand and related assets from Desert Medical Campus, Inc. in an all-cash transaction. The purchase adds a leading THC soft gel product line (distributed in ~40 Arizona dispensaries) to Ally Biotech’s Lipofusion delivery platform and supports planned product expansion and team integration in Payson, Arizona.

SCHOTT MINIFAB, a subsidiary of SCHOTT, has agreed to acquire Applied Microarrays Inc. (AMI), a Tempe, Arizona–based developer and manufacturer of DNA and protein microarrays and biosensors. The deal expands SCHOTT's bioscience and microarray printing capabilities and increases its manufacturing footprint in the United States to better support diagnostics and point-of-care customers.

French animal-reproduction specialist IMV Technologies has acquired Genetirate, a U.S.-based aquaculture biotechnology startup founded at the University of Arizona. The deal brings Genetirate's metabolic-rate sorting technology into IMV's portfolio to accelerate sustainable aquaculture production, particularly for salmon and trout.

Pritzker Family Business Interests, advised by The Pritzker Organization, participated in the first closing of Systems Oncology's Series B financing. The growth capital will fund discovery research and pre-clinical development of Systems Oncology's AI-driven cancer therapeutics platform, and TPO will take a board seat.