Altasciences Acquires Calvert Laboratories Altasciences, a forward-thinking CRO/CDMO supporting all crucial steps in early-stage drug development, from lead candidate selection to clinical proof of concept, announced today that they have completed the acquisition of Calvert Laboratories, a preclinical CRO located on the U.S.A. s East Coast. This acquisition will complement Altasciences current preclinical West Coast operations, located just north of Seattle, WA. For more than 40 years, Calvert Laboratories has been working with clients to help develop the next generation of therapeutics aimed at extending and improving human life; in line with Altasciences focus on getting better drugs to the people who need them faster.
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Novo Holdings Purchases Altasciences
Novo Holdings A/S, a life science investor with a focus on long-term, sustainable value creation, has acquired
Altasciences, a leading, fully-integrated, early drug development services platform, providing the pharma and biotech industries with a trusted partner for drug development, from preclinical safety testing through clinical proof-of-concept studies, from
Audax Private Equity. Altasciences’ executive management team, led by CEO
Chris Perkin, will continue to lead the business following the acquisition.
Abhijeet Lele, senior partner, head of principal investments in the U.S. at Novo Holdings, said, “The Altasciences team has done an impressive job of building an innovative company that plays an essential role in bringing innovative drugs to patients and is well-positioned to capture share in the fast-growing market for drug development services. We are excited about this investment and look forward to leveraging our network to
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