Press release
Generate Life Sciences to be acquired by CooperCompanies
LOS ANGELES, Nov. 10, 2021 /PRNewswire/ -- Generate Life Sciences® announces it has entered into an agreement to be acquired by the publicly held healthcare
About this update from The Cooper Companies, Inc.
[{"type":"text","content":"LOS ANGELES, Nov. 10, 2021 /PRNewswire/ -- Generate Life Sciences® announces it has entered into an agreement to be acquired by the publicly held healthcare company, CooperCompanies (NYSE: COO) and become part of CooperSurgical, a recognized global leader in women's health and fertility solutions. \n\n \n \n \n \n \n \n\n \nFor over 40 years Generate has been helping to grow and protect healthy families by providing reproductive, newborn stem cell (umbilical cord blood and tissue) and related genetic services. Bringing together Generate and Cooper will enable additional growth given CooperSurgical's established network in over 100 countries, providing greater access to Generate's innovative science that promotes family wellness. \n\"Generate helps families around the world benefit from its industry-leading services that support clients throughout their reproductive journey, from pre-conception through post-birth,\" said Generate CEO, Richard Jennings. \"Over the past several years, our company has transformed into a global life sciences organization supporting clients looking to build and protect their families. Our affiliation with GI Partners was the catalyst to accelerate the growth of the company.\" \nGenerate's suite of products and services complements the current offerings of CooperSurgical in both fertility solutions and labor & delivery. The combined business will provide fertility clinics and healthcare providers with additional options to support their patients during their assisted reproductive technology treatment and beyond.\nThe transaction is subject to customary closing conditions, including regulatory approval, with closing expected to occur in Cooper's Fiscal first quarter. \nAbout Generate Life SciencesGenerate Life Sciences® (\"Generate\") is a life sciences company helping to grow and protect families through reproductive, newborn stem cell, genetic screening, medical device, and healthcare technology services. The Company serves families from preconception to post-birth. Its brands — CBR® (Cord Blood Registry®), California Cryobank™, Donor Egg Bank USA™, NW Cryobank™, ReadyGen™, Kitazato USA™, and Donor Application™ — are pioneering leaders that have helped nearly one million families. Headquartered in Los Angeles, Generate operates facilities in Tucson, New York, Boston, Palo Alto, and Rockville, MD. For ...