Skip to main content
Premium Trial:

Request an Annual Quote

Danaher to Acquire Aldevron for $9.6B

NEW YORK – Danaher announced on Thursday that it has entered into a definitive agreement to acquire Aldevron for approximately $9.6 billion.

Fargo, North Dakota-based Aldevron manufactures plasmid DNA, mRNA, and proteins for biotechnology and pharmaceutical customers in research, clinical, and commercial applications. The firm was founded in 1998, employs around 600 people, and is privately held.

Aldevron will operate as a standalone company and brand within Danaher's Life Sciences segment, which includes firms such as Beckman Coulter Life Sciences, Cytiva, Pall, Integrated DNA Technologies, Sciex, and several others.

The Washington, DC-based conglomerate plans to finance the acquisition using cash on hand and/or proceeds from the issuance of commercial paper.

"Aldevron has made tremendous contributions to the advancement of cell, gene and other novel therapies and vaccines," said Danaher CEO Rainer Blair in a statement. "This acquisition will expand our capabilities into the important field of genomic medicine and help us support our customers and their critical mission to bring more life-saving therapies and vaccines to market faster."

Shares of Danaher were up approximately 3 percent at $251.63 in Thursday morning trade on the New York Stock Exchange.

The Scan

Genes Linked to White-Tailed Jackrabbits' Winter Coat Color Change

Climate change, the researchers noted in Science, may lead to camouflage mismatch and increase predation of white-tailed jackrabbits.

Adenine Base Editor Targets SCID Mutation in New Study

Researchers from the University of California, Los Angeles, report in Cell that adenine base editing was able to produce functional T lymphocytes in a model of severe combined immune deficiency.

Researchers Find Gene Affecting Alkaline Sensitivity in Plants

Researchers from the Chinese Academy of Science have found a locus affecting alkaline-salinity sensitivity, which could aid in efforts to improve crop productivity, as they report in Science.

International Team Proposes Checklist for Returning Genomic Research Results

Researchers in the European Journal of Human Genetics present a checklist to guide the return of genomic research results to study participants.