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Stock impact report

SciSafe Announces Acquisition and Growth Capital Investment by 1315 Capital [Yahoo! Finance]

BioLife Solutions, Inc. (BLFS) 
Last biolife solutions, inc. earnings: 3/11 04:29 pm Check Earnings Report
US:NASDAQ Investor Relations: biolifesolutions.com
Company Research Source: Yahoo! Finance
acquisition and growth capital investment by 1315 Capital , a Philadelphia -based growth equity firm specializing in healthcare. The acquisition from BioLife Solutions and establishment of SciSafe as a standalone business enables the company to focus on the expansion of its customized and comprehensive biostorage solutions. Garrie Richardson , founder and former CEO of SciSafe, is rejoining the company as CEO and board member with the transaction. "We're thrilled to be partnering with 1315 Capital in order to drive SciSafe through this exciting next phase of its growth," said Garrie Richardson , CEO. "1315 Capital's healthcare expertise and focus on supporting growth stage companies aligns with our commitment to delivering secure, compliant storage solutions, while expanding our global footprint and better serving our customers." "There is growing demand from research institutions and biopharma companies for advanced, compliant storage solutions for their biospecimens and product Show less Read more
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