Octane Medical Group to Acquire Lonza’s Personalized Medicine Business

March 4, 2026

Octane Medical Group entered into a definitive agreement to acquire Lonza’s Personalized Medicine business, including Lonza’s controlling stake in the Cocoon cell-therapy platform plus related intellectual property, workforce, and existing customer contracts. The transaction is expected to close by the end of Q1 2026, subject to customary closing conditions.

Buyers
Octane Medical Group
Targets
Lonza's Personalized Medicine business, Cocoon cell-therapy platform (Cocoon Platform; controlling stake held by Lonza)
Sellers
Lonza
Location
Ontario, Canada
Transaction Type
Buyout

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