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Pharma and biotech outsourcing firm snapped up

A Hertfordshire-based outsourcing business specialising in the pharmaceutical and biotechnology markets has been acquired.

Bionical has purchased Emas Pharma, which provides pharmaceutical development and clinical research services to biotech, medical device and specialised pharmaceutical companies, for an undisclosed sum.

The acquired business has a UK office in Hitchin and a US base in Washington.

The deal is part of Bionical’s strategy to boost its clinical service division, which provides clinical, commercial and communications services. Emas is Bionical’s third acquisition in a little over a year and follows the addition of North 51 and McCallan Healthcare.

Emas will continue to operate independently and under the leadership of Dr Peter Kennerley, who will join the Bionical board.

He said: “Being part of a wider family of companies means that we will be offering our clients an even broader range of services to complement our current offerings.”

Article source: http://www.insidermedia.com/insider/central-and-east/pharma-and-biotech-outsourcing-firm-snapped-up

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