Brief: Cryoport Acquires Cell&Co Bioservices

CryoPort

18/04/2022 13:35

April 18 (Reuters) - Cryoport Inc  CYRX.O :
    * CRYOPORT ACQUIRES CELL&CO BIOSERVICES
    * CRYOPORT ACQUIRES CELL&CO BIOSERVICES
    * CRYOPORT INC - CRYOPORT'S PURCHASE PRICE FOR CELL&CO WAS
EUR 6.2
MILLION
    * CRYOPORT INC -  DEAL VALUE COMPRISED OF UPFRONT
CONSIDERATION OF
EUR 3.6 MILLION IN FORM OF CASH AND CRYOPORT COMMON STOCK
    * CRYOPORT INC -  DEAL VALUE COMPRISED OF POTENTIAL EARN-OUT
OF
EUR 2.5M BASED ON ACHIEVING CERTAIN FINANCIAL TARGETS

Source text for Eikon:  ID:nPn7bQ8tKa 
Further company coverage:  CYRX.O 

 ((Reuters.Briefs@thomsonreuters.com;))