Repligen Corporation RGEN announced that it has entered into a definitive agreement to acquire Washington-based BioLife Solutions BLFS, a leading developer of bioproduction products and services, for a total value of approximately $1.5 billion, combining cash and stock.

Shares of Repligen were up 2.3%, while BioLife stock was up 6.7% yesterday, following the announcement.

Originally published on zacks.com, part of the BLOX Digital Content Exchange.

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