Abzena plc Acquires The Chemistry Research Solution (TCRS)

November 24, 2016

Abzena plc has agreed to acquire The Chemistry Research Solution LLC (TCRS), a specialist contract chemistry and bioconjugation company based in Bristol, Pennsylvania, for $15 million plus assumed debt and share consideration. The acquisition broadens Abzena's ADC (antibody-drug conjugate) capabilities, adds US operating presence on the East Coast and creates cross-selling and GMP biomanufacturing expansion opportunities.

Buyers
Abzena plc
Targets
The Chemistry Research Solution LLC (TCRS)
Industry
Biotechnology
Location
Pennsylvania, United States
Transaction Type
Buyout

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