Terumo to Buy OrganOx for $1.5B to Enter Transplant Field
9 Articles
9 Articles
Oxford spinout OrganOx acquired by Terumo for $1.5 billion, largest university spinout exit in UK history - Tech Startups
OrganOx, the Oxford University spinout that has been quietly reshaping the field of organ transplantation, is being acquired by Tokyo-based Terumo Corporation in a $1.5 billion deal — the largest acquisition of a university spinout in the UK to date. […] The post Oxford spinout OrganOx acquired by Terumo for $1.5 billion, largest university spinout exit in UK history first appeared on Tech Startups.
Terumo buys OrganOx in $1.5B deal
Terumo Corporation (TRUMF) has entered into a definitive agreement to acquire OrganOx Limited, a company specializing in advanced organ preservation devices, for approximately $1.5 billion. The deal will make OrganOx a wholly owned subsidiary of
Oxford spin-out OrganOx sold to Japan’s Terumo in $1.5bn deal
Oxford University spin-out OrganOx, the pioneering transplant technology company, has been sold to Japanese medical devices group Terumo in a $1.5 billion (£1.2 billion) deal. The acquisition, one of the largest ever for a UK medical technology business, underscores Britain’s strength in scientific innovation but will also intensify debate about the country’s ability to retain ownership of its most successful spin-outs. OrganOx was founded in 20…
MedTech OrganOx sold in £1.1bn deal
Oxford-based OrganOx has been sold in a mammoth £1.1bn deal. The company’s pioneering liver perfusion technology has transformed outcomes for transplant patients worldwide. One of UK’s largest MedTech exits to date, it marks investor BGF’s largest ever return, generating £175m of proceeds – a 10x multiple exit on its initial investment. BGF first invested in OrganOx in 2019 and has provided seven rounds of investment, including a £20m commitment…
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