August 9, 2021 -- BioLife Solutions, a supplier of cell and gene therapy bioproduction tools, plans to acquire Sexton Biotechnologies for $24 million.
The purchase will help BioLife expand its cell and gene therapy portfolio, the company said. Sexton's bioproduction portfolio consists of closed vials for cell therapy, final-dose packaging, human platelet lysate media, and automated cell processing machines, according to BioLife. Sexton was spun off from Cook Regentec in 2019.
All of Sexton Biotechnologies' staff will remain with the company, and it will continue operations at its Indianapolis, IN, headquarters. The purchase will close by September 1, BioLife said.