Oxford university spinout OrganOx sold to Japanese group Terumo for $1.5bn
Co-founder says sale to medtech company will accelerate global adoption of its transplantation technology
Co-founder says sale to medtech company will accelerate global adoption of its transplantation technology

Dark Blue Therapeutics was spun out of an Oxford university incubator in 2022

Deal would mark latest move by a life sciences group to jettison lower-growth assets

Buyout of UK-listed group would be latest private equity deal for a European public company

Japanese group has suffered from recent share falls and a negative outlook from rating agency S&P

Acquisition by private equity groups would be one of the biggest take-private deals of the year

A shortage of late-stage capital pushes the biggest prizes into US hands