Symeres Acquires Organix Inc.
April 26, 2022
Symeres, a European drug discovery CRO/CDMO backed by Keensight Capital, has acquired Organix Inc., a Woburn, Massachusetts-based organic chemistry services provider specializing in lipids. The deal gives Symeres a strategic US foothold and expands its capabilities into the fast-growing lipids market supporting mRNA therapeutics and vaccines; Organix generates over $10 million in revenue and has roughly 45 employees.
- Buyers
- Symeres, Keensight Capital
- Targets
- Organix Inc.
- Sellers
- Dr. Anu Mahadevan and Dr. Paul Blundell (Organix management / owners)
- Platforms
- Symeres
- Industry
- Biotechnology
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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