Branford Castle-Backed Lafayette Instrument Acquires Alzet Osmotic Pumps [Yahoo! Finance]
DURECT Corporation (DRRX)
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Source: Yahoo! Finance
Nov. 25, 2024 /PRNewswire/ -- Lafayette Instrument, LLC, a leading global manufacturer of scientific instrumentation equipment for the life sciences, polygraph and human evaluation markets, today announced that it has acquired Alzet Osmotic Pumps from DURECT Corporation. Lafayette is a portfolio company of North American-focused private equity firm Branford Castle Partners. Alzet marks the fourth bolt-on investment for Lafayette , which was acquired by Branford Castle in 2021. Alzet represents just one of five transactions that Branford Castle has completed in recent months. During the summer, Branford Castle announced the successful exits of its investments in Clean Solutions Group and Earthlite Massage Tables, and in the last few weeks announced the acquisitions of Hoffman Engineering and Testek Solutions. With the acquisition of Alzet, Lafayette reinforces its commitment to provide unparalleled support to the life science research community through experiment-focused software a
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- DURECT Co. (NASDAQ: DRRX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- DURECT Co. (NASDAQ: DRRX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- DURECT Co. (NASDAQ: DRRX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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- DURECT Co. (NASDAQ: DRRX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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- 11/13/24 - Beat
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- 11/14/24 - HC Wainwright
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- 11/29/24 - Form 8-K/A
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- 11/19/24 - Form SC
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