Kineticos Life Sciences backs NewSpring-led equity financing for Kincellis merger deal

• Kincell Bio and Cellipont Bioservices completed a merger to form Kincellis Advanced Therapies, a U.S.-based CDMO focused on cell therapies.
• Equity financing for the transaction was led by NewSpring Capital, with support from Kineticos Life Sciences, HealthQuest Capital, Great Point Partners.
• J.P. Morgan provided a debt facility tied to the deal; financial terms were not disclosed.
• Kincellis operates about 140,000 square feet across three U.S. sites, with 16 qualified GMP suites supporting clinical to commercial supply.

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