Repligen partners with DRS Daylight Solutions to expand mid-infrared technology in bioprocessing market

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Repligen Corporation($NASDAQ:RGEN) has announced that it has entered into a partnership and exclusive license agreement with DRS Daylight Solutions. Under the terms of the agreement, Repligen will commercialize Culpeo, as well as develop future products and technologies in partnership with DRS Daylight Solutions. This partnership will help Repligen to further its position in the bioprocessing market, and allow it to offer new and innovative products and technologies to its customers.

Market Price

On Monday, Repligen’s stock opened at $218.4 and closed at $225.2, up by 1.8% from the previous closing price of $221.3.

VI Analysis

Repligen Corporation is a company with strong fundamentals that reflect its long term potential. The company is strong in asset growth and medium in profitability. However, the company is weak in dividend growth. Repligen Corporation is classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. High growth companies are deemed more risky as they attempt to grow faster. However, Repligen Corporation has a high health score of 8/10 with regard to its cashflows and debt, which means it is capable of safely riding out any crisis without the risk of bankruptcy.

Summary

The two companies will work together to develop new applications for mid-infrared technology in the bioprocessing market, with a focus on improving quality control and reducing costs. Repligen has a long history of developing innovative technologies for the bioprocessing market, and this partnership will allow them to further expand their reach and impact. This partnership is a win-win for both companies, and will ultimately lead to better products and services for customers in the bioprocessing market.