Strategic Acquisition of GeneJet’s CDMO Business
Catcher Invests NT$1.75 Billion to Acquire GeneJet’s CDMO Business, Strengthening Presence in Advanced Medical Technologies. Catcher Technology (TWSE: 2474) announced on April 25 that it will acquire the CDMO (Contract Development and Manufacturing Organization) business assets of GeneJet Medical at a total consideration of NT$1.75 billion. The acquired assets will be integrated into Catcher’s subsidiary, Catcher Biotech. GeneJet stated that the sale is part of its strategic shift to realign operations and improve its financial structure.