Biochemical Engineering

Thermo Fisher picks up Novasep's viral vector business for $878M

Thermo Fisher picks up Novasep's viral vector business for $878M

15th January 2021

Buoyed by revenues from COVID-19 testing over the past year, Thermo Fisher announced that it has now acquired Henogen, Novasep's viral vector manufacturing division, for about €725 million or $878.2 million in cash. Henogen provides contract manufacturing services from formulation to packaging across two locations in Belgium, and maintains over 75,000 square feet of production space and about 400 employees—a recently increased workforce, as the company gears up to support COVID-19 vaccine production. Source: Fierce Biotech 15/1/21


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