October 29, 2018 / 7:54 PM / 19 days ago

BRIEF-Lonza Acquires A Controlling Stake In Octane Biotech

Oct 29 (Reuters) - Lonza Group AG:

* LONZA ACQUIRES A CONTROLLING STAKE IN OCTANE BIOTECH TO FURTHER DEVELOP COCOONTM AUTOLOGOUS TECHNOLOGY

* ACQUISITION OF A CONTROLLING STAKE IN OCTANE BIOTECH, WITH RIGHT TO ACQUIRE FULL OWNERSHIP

* OCTANE ORTHOBIOLOGICS INC. WILL MAINTAIN EXCLUSIVITY TO A CERTAIN SUBSET OF ORTHOPEDIC CLINICAL INDICATIONS FOR USE IN COCOONTM SYSTEM

* ACQUISITION FURTHER STRENGTHENS CO’S COMMITMENT TO DRIVE NEXT GENERATION OF MANUFACTURING PATIENT-SPECIFIC AND PERSONALIZED THERAPIES Source text for Eikon: Further company coverage:

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