After buying BlueRock Therapeutics outright last year, the Leverkusen-headquartered group has put down $2bn up front to acquire another cell and gene therapy specialist in Asklepios BioPharmaceutical.
Bayer pays $2bn up front to buy AskBio • Source: Archive
Bayer AG has hit the acquisition trial again to buy privately owned US group Asklepios BioPharmaceutical, Inc. (AskBio), strengthening the German major's presence in the cell and gene therapy space.
Under the terms of the agreement, Bayer will pay $2bn up front and potential success-based milestone payments of up to...
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