Bain life sciences fund backs Lowell ’s Rapid Micro Biosystems in $60M round

Bain Capital ’s first-ever life sciences fund has added another local company to its portfolio, participating in a $60 million round for Rapid Micro Biosystems, a Lowell-based firm that makes a machine capable of detecting microbial contamination in drugs and other medical products. Rapid Micro Biosystems ann ounced the equity round on Wednesday. It was co-led by Bain Capital Life Sciences and Xeraya Capital, a Malaysian venture capital and private equity firm. Bain’s life sciences fund, led…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news