Ferring Pharmaceuticals

Money Moves

Agreed to acquire Gameto; deal pending closing

In standard in vitro fertilization, patients inject hormones daily for about two weeks to push the ovaries into producing multiple mature eggs. Gameto's Fertilo matures eggs outside the body using stem cell-derived ovarian support cells, cutting the injection schedule to two or three days. Ferring Pharmaceuticals signed a deal on October 27 to buy Gameto for up to $1.38 billion.

Updated Oct 30