BioLife Solutions Announces $6.1 million Sale of its Custom Biogenic Systems Freezer Subsidiary [Yahoo! Finance]
BioLife Solutions, Inc. (BLFS)
Last biolife solutions, inc. earnings: 3/11 04:29 pm
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Source: Yahoo! Finance
Nov. 14, 2024 /PRNewswire/ -- BioLife Solutions , Inc. (NASDAQ: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of bioproduction tools and services for the cell and gene therapy (CGT) market, announces the sale of its final wholly owned freezer subsidiary, Arctic Solutions, Inc. ("Custom Biogenic Systems" or "CBS"), for $6.1 million in cash. "We have now completed the divestiture of all our freezer and related businesses, which began with the sale of Global Cooling in April. The sale of CBS aligns with our strategic refocus on our proprietary, higher-margin, recurring-revenue cell processing products, and away from our capital equipment freezer and storage businesses that previously included Stirling, SciSafe and CBS," commented Roderick de Greef , Chairman and CEO of BioLife Solutions. About BioLife Solutions BioLife Solutions is a leading supplier of cell processing tools and services for the cell and gene therapy (CGT) market. Our expertise facilitates th
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News
- BioLife Solutions, Inc. (NASDAQ: BLFS) had its price target lowered by analysts at HC Wainwright from $29.00 to $27.00. They now have a "buy" rating on the stock.MarketBeat
- BioLife Solutions, Inc. (NASDAQ:BLFS) Just Reported And Analysts Have Been Cutting Their Estimates [Yahoo! Finance]Yahoo! Finance
- BioLife Solutions Announces $6.1 million Sale of its Custom Biogenic Systems Freezer SubsidiaryPR Newswire
- SciSafe Announces Acquisition and Growth Capital Investment by 1315 Capital [Yahoo! Finance]Yahoo! Finance
- BioLife Solutions, Inc. (NASDAQ: BLFS) had its price target raised by analysts at TD Cowen from $28.00 to $31.00. They now have a "buy" rating on the stock.MarketBeat
BLFS
Earnings
- 11/12/24 - Beat
BLFS
Sec Filings
- 11/20/24 - Form 8-K
- 11/19/24 - Form 4
- 11/14/24 - Form 4
- BLFS's page on the SEC website