Boehringer Ingelheim Acquires GST

Boehringer Ingelheim

Boehringer Ingelheim, an Ingelheim, Germany-based market leader in animal health, acquired Global Stem cell Technology (GST), a Belgian veterinary biotech company.

The amount of the deal was not disclosed.

Led by Jan Spaas, CEO, GST is dedicated to the research, development and production of evidence-based, regenerative medicines (stem cell therapies) used to treat orthopedic and metabolic diseases in animals.

Boehringer Ingelheim already entered into a partnership with GST in 2018; in 2019, the companies launched Arti-Cell® Forte in Europe.

Arti-Cell® Forte is a stem cell product in the veterinary world granted marketing authorization by the European Commission. The acquisition and integration of GST will accelerate the development pipeline of Boehringer Ingelheim.

FinSMEs

27/07/2020

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