Quotient renames radiolabelling unit
Quotient Bioresearch bought the radiolabelling specialist from GE Healthcare in 2009 as part of a strategic expansion of its metabolism and carbon-14 (14C) enabled contract drug development capabilities.
Since then Quotient has sought to build the firm’s capabilities with a number of investment, most notably a £15m ($24.7m) radiolabelled compound manufacturing and testing in Cardiff, Wales that became operational last year.
The name change marks a significant stage in this expansion process according to Stephen Lewinton, MD for Chemistry and Metabolism at Quotient Bioresearch.
“The past two years have been particularly exciting for Quotient and it’s with a great sense of accomplishment that we officially change name to Quotient Custom Radiolabelling.
“We inherited an enviable legacy from Amersham Radiolabeling Services and through our investment in the business and in the new facility we’re able to provide a fully-integrated quick response service for our customers.”
The news comes after a busy few weeks of developments and deals for the Quotient group as a whole.
On May 5 Quotient’s clinical unit announced the expansion of its clinical facility in Nottingham in the UK, increasing the number of beds at the facility by 50 per cent to 44.
The firm cited increasing drug industry demand for ADME studies with MD Mark Egerton suggesting the expansion “underlines the strength of our Synthesis-to-Clinic platform.”
More recently Quotient teamed up with disease modelling expert KWS in a deal focused on the development of antimicrobials.
The collaboration combined Quotient Bioresearch’s capabilities in in-vitro testing, clinical services and other areas with disease model expertise at KWS BioTest.
