Takara Bio (TYO:4974) completed the absorption-type merger of its wholly owned subsidiary ViSpot Inc. on May 1, as scheduled, according to a same-day filing on the Tokyo Stock Exchange.
The simplified merger, first disclosed on March 27, is intended to streamline management and support business expansion.
ViSpot, based in Kobe, provided viral safety testing services. Takara Bio manufactures reagents and instruments and operates a gene therapy CDMO business.
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