Agreement signedPublished 1 Jul 2024

Genezen /
uniQure

Genezen to buy uniQure’s Lexington manufacturing facility

Buy side: Genezen
Buy sideGenezen
Target: uniQure
TargetuniQure
Source · 1 Jul 2024Source-verified
Buy side: Genezen
Buy sideGenezen
Target: uniQure
TargetuniQure
01 / BuyerGenezen
02 / TargetuniQure
Source-verified
01

What happened

Genezen agreed to purchase uniQure’s commercial-scale gene-therapy manufacturing facility in Lexington, Massachusetts. The agreement covers manufacturing equipment, related operations and other facility assets.

Total consideration is $25 million, comprising $12.5 million in newly issued Series C Preferred Stock and a $12.5 million convertible note. The transaction is expected to close in the third quarter of 2024, subject to customary closing conditions.

02

The source

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01
Source · Original source

Genezen to buy uniQure’s Lexington manufacturing facility

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03

Timeline

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  1. Expected close

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  2. Published by the source

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