Merck, Darmstadt Germany, is acquiring Natrix Separations Inc, Burlington ON, a provider of hydrogel membrane products used to eliminate impurities during bioprocessing and accelerate the production of monoclonal antibodies and vaccines. Natrix markets both an anion exchange membrane and cation exchange membrane and is developing additional products to enable a fully single-use, full-scale biological purification…
Organization: Natrix Separations Inc
Natrix raises $19 million for commercialization
Burlington ON-based Natrix Separations Inc has closed a $19-million, series B financing to support commercialization of its separation products and complete construction of its ISO9001-compliant manufacturing facility. DE Shaw Venture Capital, Cupertino CA, is the lead investors with participation by BDC Venture Capital and Canadian Medical Discovery Funds (now part of Jovian Capital Corp). The…