Seahorse Bioscience Buys BioProcessors Corp.
3/10/2009 8:06:16 AM
Seahorse Bioscience Inc., a North Billerica, Mass.-based maker of instruments and consumables for cell-based metabolic assays, has acquired BioProcessors Corp., a Woburn, Mass.–based maker of systems for optimizing biologic drug manufacturing. Seahorse also announced $6 million in new VC funding, from existing backers of both itself and BioProcessors. They include Commonwealth Capital, Oxford Bioscience, Flagship Ventures, Life Sciences Partners, FLIR Systems Inc, Healthcare Ventures, New Science Ventures and HLM Venture Partners.