Charles River acquires Retrogenix for $48M

By The Science Advisory Board staff writers

April 1, 2021 -- Charles River Laboratories has paid approximately $48 million U.S. to acquire the U.K.-based contract research organization Retrogenix.

The acquisition strengthens Charles River's expertise with the addition of cell microarray technology and off-target screening for preclinical safety assurance in chimeric antigen receptor (CAR) T-cell therapies. Retrogenix's cell microarray technology can identify specific cell surface and secreted protein interactions in human cells, the firm said.

A potential additional payment of up to $7 million for future performance is included in the deal.

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