Vivascience IPO called off

Published: 7-Jan-2005

The supervisory and executive boards of Sartorius have decided to call off the initial public offering of Vivascience. The IPO was originally planned for 2001, before being postponed indefinitely in October of that year.


The supervisory and executive boards of Sartorius have decided to call off the initial public offering of Vivascience. The IPO was originally planned for 2001, before being postponed indefinitely in October of that year.

'Considering the situation on the capital markets, we do not think an IPO of Vivascience would be realistic under acceptable conditions, even over the medium term,' said Dr Joachim Kreuzburg, spokesman of the executive board of Sartorius and chairman of the supervisory board of Vivascience. However, he added: 'Vivascience is covering a highly attractive business field, [and] we will continue to develop it as an integral part of the Sartorius Group.'

Sartorius acquired Vivascience in 1999 and holds a 100% stake in the company. Vivascience manufactures and markets innovative products for analysis and purification of proteins to aid the development of active medical ingredients.

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