Thermo Fisher closes Henogen acquisition

By The Science Advisory Board staff writers

January 15, 2021 -- Thermo Fisher Scientific has closed its acquisition of Groupe Novasep's Henogen, a viral vector manufacturing business in Belgium, for approximately 725 million euros ($876 million U.S.) in cash.

The business provides contract manufacturing services for vaccines and therapies to biotechnology companies as well as large biopharma customers. Henogen has two locations in Seneffe and Gosselies, Belgium, with approximately 400 employees. The 2020 estimated revenues were 80 million euros ($95 million).

Henogen will become part of Thermo Fisher Scientific's Pharma Services business within its Laboratory Products and Services Segment.

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