Developer and supplier of bioproduction products and services for the cell and gene therapy, BioLife Solutions (NASDAQ:BLFS) completed divestiture of its wholly owned subsidiary Global Cooling.
Inc. ("GCI" or "Stirling"). The transaction, which is structured as a stock sale, required $7 million in cash to remain on the balance sheet of GCI and the repayment of $2.6 million in GCI long ...
Inc., also known as Stirling, divestiture. The sale, as stated on Thursday, aims to improve the company's financials by eliminating certain operational costs and liabilities. According to Roderick ...
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Roderick de Greef, Chairman and CEO, commented, "The sale is expected to immediately eliminate several million dollars of quarterly cash burn and removes product warranty liabilities, which ...
Roderick de Greef, Chairman and CEO, commented, "After a thorough and extensive process, we're pleased to have completed the divestiture of the Stirling freezer business. The sale is expected to ...
BOTHELL, Wash. - BioLife Solutions, Inc. (NASDAQ: NASDAQ:BLFS), a key player in bioproduction for cell and gene therapies, has announced the completion of its subsidiary Global Cooling, Inc., also ...