Takara Bio Inc. announced that it entered into an agreement with Cellectis SA (“CSA” Head office, France) regarding 100% share acquisition of Cellectis AB (“CAB”, Head office, Sweden), a firm conducting stem cell business of CSA. The acquisition will be completed in December, 2014.
CAB was established following the purchase by CSA of Cellartis in 2011, and provides technologies for inducing differentiation of iPS and other stem cells into several types of cells including liver cells and pancreatic cells, and provides products related to stem cells, including ES, iPS and differentiated cells. The company’s products are in wide use throughout the world in the fields of regenerative medicine research and evaluation of candidate substances of medicines.
Takara Bio acquires technology of inducing differentiation, which enhances its technology base. Takara Bio sales initiatives involve expanding lineup of products and our business results in bioindustry business.
This acquisition has only slight effect on estimated consolidated and non-consolidated operating results of the fiscal year ended March 2015.