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Maravai LifeSciences Plans to Acquire DNA and RNA Business of Officinae Bio, Advancing Support for Innovative Nucleic Acid Research

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Maravai LifeSciences (NASDAQ: MRVI) has signed an agreement to acquire Officinae Bio's DNA and RNA business. The acquisition aims to enhance Maravai's mRNA manufacturing capabilities within TriLink BioTechnologies. Officinae Bio, based in Venice, Italy, offers a proprietary digital platform for therapeutic biological design, enabling rapid mRNA candidate prototyping. The deal will complement Maravai's nucleic acid production services and is expected to close in early 2025. The integration will strengthen TriLink's position as an expert in mRNA design, customization, and manufacturing, while incorporating AI-enabled methodologies for nucleic manufacturing.

Maravai LifeSciences (NASDAQ: MRVI) ha firmato un accordo per acquisire il business di DNA e RNA di Officinae Bio. L'acquisizione mira a migliorare le capacità di produzione di mRNA di Maravai all'interno di TriLink BioTechnologies. Officinae Bio, con sede a Venezia, Italia, offre una piattaforma digitale proprietaria per la progettazione biologica terapeutica, che consente una rapida prototipazione dei candidati mRNA. L'accordo si integrerà con i servizi di produzione di acidi nucleici di Maravai ed è previsto che si concluda all'inizio del 2025. L'integrazione rafforzerà la posizione di TriLink come esperta nella progettazione, personalizzazione e produzione di mRNA, incorporando metodologie abilitate dall'AI per la produzione nucleica.

Maravai LifeSciences (NASDAQ: MRVI) ha firmado un acuerdo para adquirir el negocio de ADN y ARN de Officinae Bio. La adquisición tiene como objetivo mejorar las capacidades de fabricación de mRNA de Maravai dentro de TriLink BioTechnologies. Officinae Bio, con sede en Venecia, Italia, ofrece una plataforma digital propietaria para el diseño biológico terapéutico, lo que permite una rápida prototipación de candidatos a mRNA. El acuerdo complementará los servicios de producción de ácidos nucleicos de Maravai y se espera que se cierre a principios de 2025. La integración fortalecerá la posición de TriLink como un experto en diseño, personalización y fabricación de mRNA, incorporando metodologías habilitadas por AI para la producción nucleica.

Maravai LifeSciences (NASDAQ: MRVI)는 Officinae Bio의 DNA 및 RNA 사업을 인수하기 위한 계약을 체결했습니다. 이번 인수는 Maravai의 TriLink BioTechnologies 내의 mRNA 제조 능력을 향상시키는 것을 목표로 하고 있습니다. Officinae Bio는 이탈리아 베네치아에 본사를 두고 있는 치료 생물학 설계를 위한 독자적인 디지털 플랫폼을 제공하여 신속한 mRNA 후보 프로토타입 제작을 가능하게 합니다. 이 거래는 Maravai의 핵산 생산 서비스를 보완할 것이며 2025년 초에 마무리될 것으로 예상됩니다. 통합을 통해 TriLink는 mRNA 설계, 맞춤화 및 제조 분야의 전문가로서의 입지를 강화하고, 핵산 제조를 위해 AI 기반의 방법론을 통합할 것입니다.

Maravai LifeSciences (NASDAQ: MRVI) a signé un accord pour acquérir l'activité ADN et ARN d'Officinae Bio. Cette acquisition vise à améliorer les capacités de fabrication de l'mRNA de Maravai au sein de TriLink BioTechnologies. Officinae Bio, basé à Venise, en Italie, propose une plateforme numérique propriétaire pour la conception biologique thérapeutique, permettant un prototypage rapide des candidats à l'mRNA. L'accord complétera les services de production d'acides nucléiques de Maravai et devrait se conclure début 2025. L'intégration renforcera la position de TriLink en tant qu'expert en conception, personnalisation et fabrication d'mRNA, tout en intégrant des méthodologies améliorées par l'IA pour la fabrication de nucléotides.

Maravai LifeSciences (NASDAQ: MRVI) hat eine Vereinbarung zur Übernahme des DNA- und RNA-Geschäfts von Officinae Bio unterzeichnet. Die Übernahme zielt darauf ab, die mRNA-Herstellungskapazitäten von Maravai innerhalb von TriLink BioTechnologies zu erweitern. Officinae Bio, mit Sitz in Venedig, Italien, bietet eine proprietäre digitale Plattform für das therapeutische biologische Design, die eine schnelle Prototypenerstellung von mRNA-Kandidaten ermöglicht. Der Deal wird die Produktionsdienstleistungen für Nukleinsäuren von Maravai ergänzen und soll Anfang 2025 abgeschlossen werden. Die Integration wird die Position von TriLink als Experten für mRNA-Design, -Anpassung und -Herstellung stärken und KI-gestützte Methoden für die Nukleinfertigung einbeziehen.

Positive
  • Acquisition expands technological capabilities in mRNA manufacturing
  • Integration of AI-enabled methodologies for nucleic manufacturing
  • Enhancement of GMP manufacturing capabilities for enzymes
  • Strengthening of digital customer experience platform
Negative
  • None.

Insights

The acquisition of Officinae Bio's DNA/RNA business represents a strategic move to enhance Maravai's technological capabilities in nucleic acid manufacturing. The integration of AI-enabled methodologies for sequence design and rapid mRNA prototyping significantly strengthens TriLink's competitive position. The deal brings three key advantages: advanced AI-driven design capabilities, improved manufacturing processes and expanded GMP enzyme production.

This technology acquisition addresses the growing demand for efficient mRNA development platforms in the $50+ billion nucleic acid therapeutics market. The ability to rapidly test various CAP analogs and chemistry modifications will accelerate client discovery programs and potentially reduce development timelines. While financial terms weren't disclosed, the strategic value lies in combining Maravai's manufacturing expertise with Officinae's digital innovation.

This acquisition strategically positions Maravai in the rapidly evolving mRNA therapeutics space. With a current market cap of 1.14 billion, this move could help recover from the post-COVID revenue decline by diversifying beyond vaccine manufacturing. The integration of Officinae's AI platform addresses the critical bottleneck in mRNA development - design optimization and rapid prototyping.

The deal's timing, with closure expected in early 2025, allows for careful integration planning and minimal disruption to existing operations. The acquisition should strengthen Maravai's competitive position against larger players like Thermo Fisher and Lonza in the nucleic acid production space, potentially leading to increased market share and improved margins through operational efficiencies.

Officinae Bio’s breakthroughs in AI-enabled methodologies for nucleic manufacturing to enhance Maravai’s mRNA manufacturing capabilities within the TriLink BioTechnologies business

SAN DIEGO--(BUSINESS WIRE)-- Maravai LifeSciences, Inc. (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, announced that it has signed an agreement to acquire the DNA and RNA business of Officinae Bio. The acquisition is expected to expand Maravai and TriLink BioTechnologies' ability to assist customers in developing innovative nucleic acid-based therapies.

Based in Venice, Italy, Officinae Bio is a privately held technology company with a proprietary digital platform to support the biological design of therapeutics. The novel technology enables rapid prototyping of mRNA candidates to test diverse combinations of CAP analogs, chemistry modifications, and sequence designs for client discovery programs. Officinae Bio’s portfolio of technology and services complements Maravai’s nucleic acid production services and is expected to provide customers with significant benefits as they bring new and innovative therapies to patients in need.

“Officinae Bio’s unique approach to sequence design brings a cutting-edge advantage to our Nucleic Acid Production business,” said Trey Martin, CEO of Maravai LifeSciences. “Its founder-led, experienced team maintains a dedicated focus on leveraging AI to help scale the organization and accelerate innovation. We are excited to welcome their exceptionally talented team to Maravai to help drive process and manufacturing innovation forward together.”

Justin Barbosa, GM and Vice President of TriLink Discovery, added, “Officinae Bio’s ability to marry leading science with AI-enabled methodologies provides a one-of-a-kind sequence design experience for customers. With this acquisition, TriLink solidifies itself as an expert in mRNA design, customization, and manufacture with a high-touch digital customer experience.”

Davide De Lucrezia, Chief Executive Officer and co-founder of Officinae Bio, commented, "I can think of no better team with which to unite than Maravai and TriLink, whose trusted quality and leadership supports our dedication to collaboration and continuous improvement in the life sciences. We remain committed to our current customers’ success and believe this transaction will further strengthen our ability to support their needs. This business combination will also allow us to strengthen our contribution to the GMP manufacturing of key enzymes needed for nucleic acid vaccine and therapeutic applications.”

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close early in 2025.

About Maravai

Maravai is a leading life sciences company providing critical products to enable the development of drug therapies, diagnostics and novel vaccines and to support research on human diseases. Maravai’s companies are leaders in providing products and services in the fields of nucleic acid synthesis and biologics safety testing to many of the world's leading biopharmaceutical, vaccine, diagnostics and cell and gene therapies companies.

About Officinae Bio

At Officinae Bio we are developing a platform to support the future of biologically designed therapeutics. By developing breakthroughs in AI-enabled methodologies for nucleic manufacture we are supporting pioneering research in Gene-modified Cell therapy, Gene therapy and RNA therapeutic research.

DNA Platform

Our Vulcanus DNA synthesis platform creates high-precision DNA libraries with exceptional control over variant representation, accelerating lead discovery through targeted sequence exploration with smart mutant libraries.

RNA Platform

Our Mercury RNA platform generates libraries of precisely engineered UTRs (untranslated regions), optimizing efficacy and safety through enhanced translation and tissue-specificity

Forward-looking Statements

This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Investors are cautioned that statements in this press release which are not strictly historical statements constitute forward-looking statements, including, without limitation, statements related to the planned acquisition of the DNA and RNA business of Officinae Bio and the expected benefits thereof constitute forward-looking statements identified by words like “plan,” “expect,” “believe,” “estimate,” “may,” “anticipate,” or “could” and similar expressions. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation, a failure to complete the acquisition due to closing conditions not being satisfied or otherwise, a failure of Officinae Bio’s products and services to provide the anticipated benefits, and competition from other products. These and other risks and uncertainties are described in greater detail in the “Risk Factors” section of our most recent Annual Report on Form 10-K, as well as other reports on file with the U.S. Securities and Exchange Commission. Actual results may differ materially from those contemplated by these forward-looking statements, and therefore you should not rely upon them. These forward-looking statements reflect our current views and we do not undertake to update any of these forward-looking statements to reflect a change in its views or events or circumstances that occur after the date hereof except as required by law.

Media Contact: Liz Robinson

CG Life

trilink@cglife.com

Investor Contact: Deb Hart

Maravai LifeSciences

+ 1 858-988-5917

ir@maravai.com

Source: Maravai LifeSciences, Inc.

FAQ

When will Maravai LifeSciences (MRVI) complete the acquisition of Officinae Bio's DNA and RNA business?

The acquisition is expected to close early in 2025, subject to customary closing conditions and regulatory approvals.

What technologies will MRVI gain from the Officinae Bio acquisition?

MRVI will gain a proprietary digital platform for therapeutic biological design and AI-enabled methodologies for nucleic manufacturing, enabling rapid prototyping of mRNA candidates.

How will the Officinae Bio acquisition benefit MRVI's TriLink BioTechnologies business?

The acquisition will enhance TriLink's mRNA manufacturing capabilities, strengthen its position in mRNA design and customization, and provide a high-touch digital customer experience.

Maravai LifeSciences Holdings, Inc.

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