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Stemgent and Miltenyi Biotec agree to co-develop stem cell research products
Written byLloyd Dunlap
| 3 min read

BERGISCH GLADBACH, Germany—Miltenyi Biotec and Boston-basedStemgent recently announced that the companies will collaborate on theco-development and commercialization of stem cell research products.

Miltenyi Biotec will make an equity investment in Stemgent,and Stefan Miltenyi, CEO of Miltenyi Biotec, will join Stemgent's board ofdirectors. According to the agreement, Miltenyi Biotec will be responsible forworldwide marketing and sales of Stemgent's existing stem cell productportfolio outside of the United States, while Stemgent will continue to serveits U.S. customers. Both companies will jointly develop products to serve unmetneeds of the international stem cell research community. New products developedas part of the strategic collaboration will be globally commercialized byMiltenyi Biotec on an exclusive basis.

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