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FAIRFIELD-SUISUN, CALIFORNIA PerkinElmer looks to dominate antibody market by acquiring San Diego’s BioLegend for $5.25B [The San Diego Union-Tribune] Massachusetts life science firm PerkinElmer plans to acquire San Diego antibody company BioLegend for $5.25 billion, according to an announcement from the company on Monday. About $2.2 billion of the purchase will be doled out in stock, with the rest paid in cash. The deal, expected to close by the end of the year, would be the largest in PerkinElmer’s history. The Waltham-based company, which sells an array of laboratory equipment, is eager to expand into selling antibodies to researchers. That’s because these Y-shaped proteins, made by the immune system to latch onto specific molecules, can be adapted for a virtually unlimited range of experiments, from making cells light up under a microscope to isolating and studying specific cell types.

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