Abcam expands custom capabilities with acquisition of California-based Calico Biolabs
Abcam has acquired California-based antibody company Calico Biolabs.
The Cambridge life science research tools firm said the purchase expanded its custom services capabilities.
Calico is a developer of high-quality recombinant rabbit monoclonal antibodies for diagnostic and biopharmaceutical companies.
It brings with it a small catalogue of ready-made CAL antibodies for immunohistochemistry (IHC) along with custom development services. Its products will be made available via the Abcam global commercial network.
John Baker, SVP of product portfolio and innovation at Abcam, said: “The acquisition of Calico represents execution of our strategy to provide the best and highest quality products to our diagnostic, biopharmaceutical and research customers.
“By incorporating Calico’s product portfolio and custom services, Abcam expands its offering of rabbit monoclonals for IHC, allowing development of more products for their most important targets, faster.
“We are excited to welcome the Calico team to the Abcam family, furthering Abcam’s mission to provide customers with the highest quality recombinant antibodies for their research.”
Jacinto Villanueva, CEO of Calico, said: “Abcam is a recognised leader for the supply of high-quality validated antibodies, supported by an innovative approach to production and commercialisation, and we are excited to be joining the team.
“This move will enable us to more fully support the cancer research and associated diagnostics development being carried out by our industry partners.”
The terms of the deal have not been disclosed but Abcam said there would be “minimal impact on revenue and earnings” for the financial year.
More by this authorPaul Brackley