Sino Biological, Inc.
From Sino Biological Inc.Apr 29 2024 , a biotechnology company listed on the Shenzhen stock exchange subsidiary ChiNext, specializing in biological research reagents and related technical contract research services, has successfully concluded its acquisition of Vancouver-based Canadian biotechnology company SignalChem Biotech Inc. . Sino Biological has acquired 100% of SCB shares in a deal valued at $48 M USD, inclusive of all assets, assumed indebtedness, and net of cash deposits.
SignalChem Biotech Inc. is renowned for its specialized bioactive enzymes, including kinases, proteases, phosphatases, ubiquitin and epigenetic enzymes. Over the past two decades, SCB has established proprietary production and quality control platforms, setting industry standards for the development and production of high-quality bioactive enzyme proteins to support scientists from basic research through drug discovery and development.
The strategic synergy between Sino Biological and SignalChem enables the provision of a broader range of products and research services, supporting the wider life sciences community and facilitating the discovery and development of novel treatments, vaccines and diagnostic platforms. SignalChem is at the scientific forefront of enzyme bioreagent development and production, as well as enzyme-based compound screening technologies. The acquisition of SCB further strengthens Sino Biological’s robust presence in bioactive recombinant proteins and related contract research services, Related Stories"We are excited to join forces with Sino Biological and embark on this new chapter of growth and collaboration," said Mr.
Sino Biological remains committed to maintaining the high standards of quality, reliability, and customer satisfaction throughout the integration process. Customers can expect continued access to the same high-quality products and services they have come to rely on, backed by the combined expertise and resources of Sino Biological and SignalChem Biotech.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kate Hudson reveals her relationship with her biological father Bill Hudson is 'warming up' after...Kate Hudson revealed she still doesn't have much of a relationship with her biological father, Bill Hudson, but then suggested that 'it's warming up.'
Read more »
Kate Hudson reveals her relationship with her biological father Bill Hudson is 'warming up' after...Kate Hudson revealed she still doesn't have much of a relationship with her biological father, Bill Hudson, but then suggested that 'it's warming up.'
Read more »
Most female athletes support categorization by biological sex, research findsThe majority of female athletes (58%) support categorization by biological sex, rather than gender identity, but views differ according to sporting context, a new study shows.
Read more »
Biological Activities of Cucumis and Momordica: A ReviewResearchers review the biological activities of Cucumis and Momordica, two plant species belonging to the Cucurbitaceae family, in a recent study published in the journal Foods.
Read more »
Having Children Can Increase Women's Biological Age, Study FindsA study suggests that having children doesn’t just make women feel older, it can increase their biological age. Researchers have discovered that each pregnancy adds two to three months to a young woman's physical ageing process. Pregnancy appears to have no effect on the biological age of men, however.
Read more »
Research shows pregnancy accelerates biological aging in a healthy, young adult populationPregnancy may carry a cost, reports a new study from the Columbia University Mailman School of Public Health.
Read more »