Thermo Fisher to Buy Brammer Bio for $1.7 Billion

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Thermo Fisher to Buy Brammer Bio for $1.7 Billion
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Thermo Fisher is buying Brammer Bio for $1.7 billion, a move that would expand the company’s presence in the growing field of gene therapy

Thermo Fisher Scientific Inc. said it is buying Brammer Bio for $1.7 billion in a move that would expand the lab-equipment company’s presence in the rapidly growing field of gene therapy.

Closely held Brammer Bio, owned by private-equity firm Ampersand Capital Partners, provides pharmaceutical companies developing gene therapies and gene-modified cell therapies with outsourced research and drugmaking services.

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