Irvine Scientific, a Santa Ana, California-based manufacturer of cell culture media, reagents, and medical devices for industrial, clinical and research applications, acquired BioCare Europe S.r.l., a Rome, Italy-based distributor of in vitro fertilization (IVF) media, medical devices, and equipment.
The amount of the deal was not disclosed. The acquisition will enable Irvine Scientific to leverage the capabilities of BioCare and expand its presence in the European IVF market.
Led by Luca Trama, Managing Director, BioCare is a distributor of a wide variety of IVF products to the European market having built a sales network in Europe, focused mainly in Italy, France, Greece, Portugal and Spain.
Led by Yuichi Nagano, President and CEO, and a member of JX Group, Irvine Scientific provides the IVF market with cGMP cell culture media supporting IVF hospitals and clinics worldwide, and a sales presence in Europe, mainly focused in the UK, France, and Germany.