Charles River Laboratories (CRL) to Acquire Cognate BioServices for $875 Million

Go back to Charles River Laboratories (CRL) to Acquire Cognate BioServices for $875 Million

Charles River Laboratories to Acquire Cognate BioServices to Create a Premier Scientific Partner for Cell and Gene Therapy Development

February 17, 2021 7:06 AM EST

Significantly Expands Charles Rivers Scientific Capabilities in the High-Growth Cell and Gene Therapy Sector

Combines Cognates Comprehensive Cell and Gene Therapy CDMO Capabilities to Establish an Integrated Solution from Discovery through CGMP Manufacturing

WILMINGTON, Mass.--(BUSINESS WIRE)-- Charles River Laboratories International, Inc. (NYSE: CRL) announced today that it has signed a definitive agreement to acquire Cognate BioServices, Inc., a premier, cell and gene therapy contract development and manufacturing organization (CDMO), for approximately $875 million in cash, subject to customary closing adjustments. The... More