Asahi Kasei Medical Acquires Bionova Scientific
April 14, 2022
Asahi Kasei Medical agreed to wholly acquire Bionova Scientific, a Fremont, California-based biopharmaceutical CDMO that provides process development and GMP-compliant manufacturing services for next-generation antibody drugs. The acquisition, executed through a U.S. subsidiary, expands Asahi Kasei Medical's bioprocess and CDMO capabilities to better serve biologics developers and accelerate growth of its bioprocess business; closing is subject to regulatory clearances.
- Buyers
- Asahi Kasei Medical Co., Ltd.
- Targets
- Bionova Scientific, LLC
- Industry
- Biotechnology
- Location
- California, United States
- Transaction Type
- Buyout
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