Ajinomoto Builds Gene Therapy CDMO Capabilities Through $554m Forge Acquisition

With an ambitious growth plan for its CDMO operations, Ajinomoto is planning to complete the acquisition of Forge Biologics Holdings by December, adding the US-based firm’s capabilities in gene therapy services.

Forge will join Ajinomoto's CDMO business as wholly-owned subsidiary.
Forge will join Ajinomoto's CDMO business as wholly-owned subsidiary • Source: Shutterstock

Diversified major Japanese foods firm Ajinomoto Co., Inc. is to acquire the US gene therapy-focused contract development and manufacturing organization (CDMO) Forge Biologics for approximately $554m (JPY82.8bn), in a deal scheduled to be completed in December.

Its US subsidiary Ajinomoto North America Holdings, Inc. has signed a definitive merger agreement under which Grove City, Ohio-based Forge...

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