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Stock impact report

Maravai LifeSciences Plans to Acquire DNA and RNA Business of Officinae Bio, Advancing Support for Innovative Nucleic Acid Research [Yahoo! Finance]

Maravai LifeSciences Holdings, Inc. - Class A common stock (MRVI) 
Company Research Source: Yahoo! Finance
SAN DIEGO, November 07, 2024 BUSINESS WIRE Maravai LifeSciences, Inc. (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, announced that it has signed an agreement to acquire the DNA and RNA business of Officinae Bio . The acquisition is expected to expand Maravai and TriLink BioTechnologies' ability to assist customers in developing innovative nucleic acid-based therapies. Based in Venice, Italy, Officinae Bio is a privately held technology company with a proprietary digital platform to support the biological design of therapeutics. The novel technology enables rapid prototyping of mRNA candidates to test diverse combinations of CAP analogs, chemistry modifications, and sequence designs for client discovery programs. Officinae Bio's portfolio of technology and services complements Maravai's nucleic acid production services and is expected to provide customers with significant benefits as they bring new and innovative thera Show less Read more
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