Financial Advisor

Duff & Phelps, A Kroll Business, Advised Leading American Bio Convergence Company BICO on Acquisition of American Firm Advanced BioMatrix Corp.

BICO

has acquired

Advanced BioMatrix

On August, 2021 BICO, the leading Bio Convergence company, entered into an agreement to acquire all outstanding shares in Advanced BioMatrix Corp. (Advanced BioMatrix), an American company focusing on 3D research applications.

Duff & Phelps, A Kroll Business, acted as financial advisor to BICO and provided financial and tax due diligence in connection with the acquisition. 

About BICO
Founded in 2016, BICO (formerly CELLINK) is the leading bio convergence company in the world. By combining different technologies, such as robotics, artificial intelligence, computer science, and 3D bioprinting with biology, we enable our customers to improve people's health and lives for the better.

With a focus on the application areas of bioprinting, multiomics, cell line development, and diagnostics, the company develops and markets innovative technologies that enable researchers in the life sciences to culture cells in 3D, perform high-throughput drug screening and print human tissues and organs for the medical, pharmaceutical, and cosmetic industries. We create the future of health.

The Group's products are trusted by more than 2,000 laboratories, including all the top 20 pharmaceutical companies, are being used in more than 65 countries, and have been cited in more than 2,950 publications. BICO is listed on Nasdaq Stockholm under BICO. Learn more.


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