“A Huge Step Forward”: Nicoya Acquires Applied Photophysics
What Happened?
Nicoya Lifesciences (Nicoya) has acquired fellow biotechnology company, Applied Photophysics.
“This is a huge step forward in expanding our biologics characterization tools, empowering scientists in drug discovery,” the Kitchener-based company said in a recent LinkedIn post.
“Our combined expertise means scientists now have a comprehensive suite of tools to understand the structure, function, and stability of complex biologics, speeding up the development of life-saving therapies.”
The acquisition, which reportedly closed in May, marks Nicoya’s second purchase to date. In 2022, the company added LSK Technologies to its portfolio.
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About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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