Viral vector CDMO Vibalogics latest private equity target

eggs being use to develop virus
Vibalogics in Cuxhaven, Germany, has become the latest target of private equity as investors seize the opportunities for CDMOs with expertise in gene and cell therapies. (Vibalogics)

With the market for new oncolytic viral and gene therapies developing rapidly, it is no surprise that private equity investors are looking for small contract manufacturers they can buy, build and sell off.  Ampersand Capital Partners is one of the players in the middle of that scramble.  

Just weeks after selling its share in Brammer Bio in a $1.7 billion deal, Ampersand has an agreement to buy Germany-based Vibalogics. The 50-person CDMO with a specialization in viruses has a 27,000-square-foot facility in Cuxhaven, Germany. Terms of the deal were not disclosed.

“Given the exciting developments within the complex virus market this is an excellent time for an investor with deep experience in the viral vector contract manufacturing sector to partner with the company,” David Anderson, Ampersand general partner, said in a statement.

RELATED: Catalent pulls off $1.2B deal for gene therapy CDMO Paragon Bioservices

Free Daily Newsletter

Like this story? Subscribe to FiercePharma!

Biopharma is a fast-growing world where big ideas come along daily. Our subscribers rely on FiercePharma as their must-read source for the latest news, analysis and data on drugs and the companies that make them. Sign up today to get pharma news and updates delivered to your inbox and read on the go.

Vibalogics CEO Stefan Beyer said the company will be able to tap Ampersand’s investment to grow its process development and manufacturing capabilities and expand in the U.S. and Europe.

The deal comes as large CDMOs have snapped up smaller ones with expertise in gene and cell therapies so they have an offering as biotechs look for contractors to help them develop them. In March, Ampersand Capital Partners sold Brammer Bio for $1.7 billion to Thermo Fisher Scientific, which has been building out its contract manufacturing operations since buying Patheon in 2017. The Cambridge, Massachusetts-based Brammer has expertise in viral vector manufacturing.

In April, Catalent agreed to ante up $1.2 billion for Paragon, a contractor with expertise in adeno-associated virus vectors, plasmids and lentivirus vectors. Owners of the Baltimore-based company included private equity investors NewSpring Health Capital and Camden Partners.

Suggested Articles

P&G, the packaged goods giant that bought Merck KgAA’s consumer unit, is out in force at Lions Health. Is that a message for rivals?

Jazz Pharma's next drug launch is set for early July after a DEA scheduling for sleepiness drug Sunosi.

AstraZeneca is rolling with a series of trial wins for Calquence in CLL. Will those data help the drug challenge Imbruvica’s blockbuster sales?