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Companies / Netherlands

Crucell Sells Rhein Biotech To Dynavax

March 2006 | FDI Alert

Dutch biotechnology firm Crucell is to sell its biopharmaceutical and vaccine manufacturing business - Rhein Biotech GmbH - to US company Dynavax Technologies for EUR10mn (US$12.1mn). Rhein Biotech GmbH is a part of Rhein Biotech NV, a company 93% owned by Swiss firm Berna Biotech, which Crucell recently acquired for CHF591mn (US$454mn).

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