Abcam to Acquire BioVision for $340 million

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Abcam plc (ABCM) Acquires BioVision for $340M

August 2, 2021 5:48 AM EDT

Abcam plc (Nasdaq: ABCM) today announces that it has entered into a definitive agreement to acquire BioVision, Inc. ("BioVision"), a wholly owned subsidiary of Boai NKY Medical Holdings Ltd. (NKY), for $340 million (the Acquisition).

Transaction highlights

BioVision is a fast-growing innovator and distributor of life science research tools to biopharma, diagnostic and academic customers, with strength in biochemical and cell-based assay kitsBrings one of Abcams large third-party suppliers... More