PanTheryx acquires 2 colostrum processing companies

BOULDER — PanTheryx Inc., a Boulder-based life-science company, announced on Tuesday that it has acquired two companies that process colostrum harvested from cows, a key ingredient in the company’s flagship nutritional product, DiaResQ.

PanTheryx has acquired Phoenix-based APS BioGroup and Bellingham, Wash.-based La Belle Associates, and it plans to expand manufacturing capacity at the plant in Phoenix.

Financial terms of the deal were not disclosed.

Last March, PanTheryx received $53 million from Pegasus Capital Advisors LP, a private-equity investment firm based in Greenwich, Conn. The acquisitions were funded through a follow-on investment in PanTheryx…