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Upper Austrian PAA Laboratories Acquired by GE Healthcare

Published: August 18, 2011; 10:49 · (Vindobona)

The Pasching-based cell culture company will combine with the global provider of medical technologies and services. The deal is expected to close in the third quarter.

Upper Austrian PAA Laboratories Acquired by GE Healthcare / Picture: © PAA Laboratories

GE Healthcare, a unit of General Electric Company, announced it has reached an agreement to acquire PAA Laboratories, a developer and supplier of cell culture media for biomedical research and the fast-growing biopharmaceutical and vaccine manufacturing industry. The acquisition of PAA Laboratories will allow GE Healthcare to expand its offering of products and services for cell biology…

This article includes a total of 314 words.

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