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Stock impact report

Getinge to Acquire Applikon Biotechnology B.V., A Leading Company in the Fast Growing Area of Bioreactor Systems

GETINGE AB UNSP/ADR (GNGBY) 
NASDAQ:AMEX Investor Relations: getinge.com/int/about-us/investors
Company Research Source: PR Newswire
GOTHENBURG, Sweden, Dec. 19, 2019 /PRNewswire/ -- Getinge announces today an agreement to acquire 100% of the shares in Applikon Biotechnology B.V. from Applikon Biotechnology Holding B.V. Applikon Biotechnology B.V. is a leading company in the fast growing area of advanced bioreactor systems for biopharmaceutical production and research, with an annual net sales of approximately SEK 450 M. "Applikon Biotechnology has a strong portfolio of world class bioreactor solutions which will be a positive addition to Getinge's existing offer towards the biopharma segment, the fastest growing area within Life Science," says Mattias Perjos, President & CEO Getinge. "This deal further broadens our position within solutions for efficient, safe and contamination-free research and production processes." Applikon Biotechnology B.V. is leading in the development and supply of advanced bioreactor systems for the research and production of vaccines and antibodies in the biopharmaceutical industry, as we Show less Read more
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