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Thermo Fisher to acquire Brammer Bio for $1.7B

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The Wall Street Journal reports Thermo Fisher Scientific Inc. will acquire Brammar Bio for $1.7 billion.

Thermo, a lab equipment company, expects to grow its presence in gene therapy with the purchase.

Brammar Bio was formed through the 2016 merger of Brammer Biopharmaceuticals and Florida Biologix.

Read more from The Wall Street Journal.

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