Patricia Industries to fund strategic add-on acquisition by Advanced Instruments
Advanced Instruments, a leading global provider of osmolality testing instrumentation and consumables for the biopharmaceutical, clinical and food & beverage industries, has signed an agreement to acquire Solentim, a global leader in innovative solutions for cell line development of biopharmaceutical products. The acquisition of Solentim adds a highly complementary, differentiated and innovative portfolio of bioprocessing instruments and consumables to Advanced Instruments, and significantly expands the commercial and R&D capabilities of Advanced Instruments’ biopharmaceuticals business.