Welcome to our dedicated page for Repligen news (Ticker: RGEN), a resource for investors and traders seeking the latest updates and insights on Repligen stock.
Repligen Corporation reports business developments as a global life sciences company focused on bioprocessing technologies and systems used in manufacturing biological drugs. Its updates center on Filtration and Fluid Management, Chromatography, Process Analytics and Proteins, serving biopharmaceutical drug developers, CDMOs and other life science customers.
Recurring announcements include quarterly and annual financial results, financial guidance, organic revenue measures, margin commentary, product and support infrastructure such as Repligen Training & Innovation Centers and OPUS pre-packed chromatography columns, investor conference participation, regional customer support initiatives and board or senior finance governance changes.
Repligen Corporation (NASDAQ:RGEN) has announced a webcast and conference call to discuss its fourth quarter and full year 2020 financial results, scheduled for February 24, 2021 at 8:30 a.m. EST. The financial report will be released before the market opens. Interested parties can join the call by dialing 844-274-3999 for domestic callers or 412-317-5607 for international callers. Repligen develops innovative bioprocessing technologies for biopharmaceutical manufacturers globally and has facilities in various countries including the U.S., Estonia, Germany, and Sweden.
Repligen Corporation (NASDAQ:RGEN) and Navigo Proteins GmbH have announced the commercial launch of the NGL COVID-19 Spike Protein Affinity Resin, designed to enhance the purification process of COVID-19 vaccines. This resin aims to provide a high-purity capture step, reducing processing time and improving yield. The resin meets high-performance standards, including selectivity and dynamic binding capacities. Positive customer feedback has been recorded, with orders for validated resins currently being accepted.
Repligen Corporation (NASDAQ:RGEN) announced its participation in the 39th Annual J.P. Morgan Healthcare Conference from January 11-14, 2021. CEO Tony J. Hunt will present on January 13 at 9:10 a.m. EST. A live webcast of the presentation will be available on the Company’s investor relations website and will be accessible for replay afterward.
The company, based in Waltham, Massachusetts, focuses on bioprocessing technologies aimed at improving the efficiency of manufacturing biological drugs, serving biopharmaceutical developers and CDMOs globally.
Repligen Corporation (NASDAQ: RGEN) successfully closed its underwritten public offering of 1.725 million shares at $181 each, generating gross proceeds of approximately $312.2 million. After deducting fees, the net proceeds are expected to be about $298 million, intended for working capital and general corporate purposes, including potential investments in complementary businesses. The offering included full exercise of the underwriters’ option for an additional 225,000 shares. The company has no current agreements for acquisitions.
EC Mergers & Acquisitions has announced the successful sale of ARTeSYN BioSolutions to Repligen Corporation for a total transaction value of $200M. This includes $130M in cash and $70M in Repligen common stock. ARTeSYN specializes in single-use solutions for bioprocessing, anticipating $30M in pro forma revenue for 2020. The acquisition is expected to generate approximately $33M-$36M in revenue for Repligen in 2021, enhancing its portfolio in bioprocessing technologies.
Repligen Corporation (NASDAQ: RGEN) has priced a public offering of 1.5 million shares at $181 each, aiming to raise approximately $271.5 million before expenses. The underwriters hold a 30-day option for an additional 225,000 shares. Proceeds will be used for working capital and general corporate purposes, including potential acquisitions and investments. The offering is scheduled to close around December 10, 2020, pending customary conditions. J.P. Morgan and Stifel are the lead managers of the offering.
Repligen Corporation (NASDAQ: RGEN) has commenced a public offering of 1.5 million shares of its common stock, with a potential additional 225,000 shares available for underwriters. Proceeds will be used for working capital and to explore acquisitions, though no current agreements exist. The offering is subject to market conditions, and completion timing is uncertain. J.P. Morgan and Stifel are managing the offering, which will follow a previously filed shelf registration statement with the SEC.
Repligen Corporation (NASDAQ:RGEN) reported record quarterly revenue of $94.1 million, marking a 35% year-over-year growth with 31% organic growth. The company raised its full-year revenue guidance to $348-$352 million, implying a 29%-30% total revenue growth. COVID-related revenues contributed approximately 14% to quarterly revenue and 55% to growth. Repligen also completed the acquisition of Non-Metallic Solutions and plans to acquire ARTeSYN Biosolutions, enhancing its systems strategy.
Repligen Corporation (NASDAQ:RGEN) announced a definitive agreement to acquire ARTeSYN Biosolutions for approximately $200 million, enhancing its portfolio of single-use downstream bioprocessing systems. The acquisition is expected to generate around $30 million in pro forma revenue for ARTeSYN in 2020 and contribute $33 to $36 million in 2021, with breakeven adjusted earnings per share in the same year and accretive results anticipated in 2022. This move complements previous acquisitions of Engineered Molding Technologies and Non-Metallic Solutions, positioning Repligen as a leading player in the bioprocessing market.
Repligen Corporation (NASDAQ:RGEN) will announce its third quarter 2020 financial results on November 5, 2020, before the market opens. A conference call will take place at 8:30 a.m. EST to discuss the results and business updates. Investors can access the call by phone or via a webcast on the company’s Investor Relations page. Repligen is a global life sciences company focused on developing bioprocessing technologies that enhance the manufacturing of biological drugs.