Sigma-Aldrich acquires Cell Marque to grow antibody portfolio

Sigma-Aldrich Corporation announced that it has entered into an agreement to acquire Rocklin, California-based Cell Marque Corporation in a move to strengthen its antibody portfolio and to better serve its immunohistochemistry (IHC) customers

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The terms of the transaction were not disclosed.

Cell Marque, established in 1994, designs, develops and manufactures antibody reagents and kits, an offering that will complement Sigma-Aldrich's IHC product family.

"We expect that Cell Marque's strong in vitro diagnostic (IVD) antibody product lines and solid relationships with pathologists and companies that provide automated staining instrumentation will broaden the diagnostic health reach of Sigma-Aldrich," commented Dr Frank Wicks, president, applied business unit, Sigma-Aldrich.

The company expects this acquisition to be neutral to mildly accretive to earnings per share in 2015. The transaction, which is subject to regulatory approvals and other customary closing conditions, is anticipated to close by the end of 2014.

Cell Marque is well-recognized in IHC for its high quality products and technical expertise, including validated, fit-for-purpose antibodies and IHC staining kits aimed at pathologists and clinicians focused on patient management. The company employs more than 90 people.

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