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National contract researcher acquires Boulder's HistoTox Labs – BizWest


BOULDER and WEST LAFAYETTE, Ind. Inotiv Inc. (Nasdaq: NOTV) has secured an agreement to acquire HistoTox Labs Inc. in Boulder for $22 million.
The Indiana-based contract clinical researcher said in a statement that it intends to retain every employee currently at HistoTox upon the deal closing, which is expected to occur in the next 120 days.
“More than two-thirds of HistoTox’s client base consists of emerging biopharma companies focused on cell and gene therapy, dovetailing well with our growth strategy,” Inotiv CEO Robert Leasure Jr. said.
Neither company responded to a BizWest request for comment about how many employees work at the Boulder company. ....

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Inotiv to Acquire HistoTox Labs

Inotiv to Acquire HistoTox Labs
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Inotiv, Inc. Enhances Histopathology Offering with Announcement of Agreement to Purchase HistoTox Labs, Inc.


WEST LAFAYETTE, Ind., April 13, 2021 (GLOBE NEWSWIRE)
Inotiv, Inc. (NASDAQ:NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading provider of nonclinical and analytical contract research services, today announced that the Company has entered into an agreement to purchase substantially all of the assets of HistoTox Labs, Inc. (“HistoTox Labs”), a full-service histopathology contract research organization (“CRO”) offering medically relevant non-clinical and clinical services to the pharmaceutical, biotech, and academic communities.
“HistoTox Labs’ well-trained scientific staff, with strong expertise in cell-typing, biodistribution, gene therapy and novel biomarker assay development, is a solid and strategic complement to Inotiv’s pathology team and our suite of services,” said Robert Leasure, Jr., Inotiv’s President and Chief Executive Officer. “More than two-thirds of HistoTox’s client base consists of emerging biopharma compa ....

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