HemaCare acquires new research services arm

By Kirsty Barnes

- Last updated on GMT

Related tags Pharmaceutical industry Clinical trial

US blood products and services provider HemaCare has added a new
research segment to the company with the acquisition of private US
firm Teragenix for $4.8m (€3.7m).

The addition of Teragenix, a provider of human biological samples, quality control products and clinical trial management services, allows HemacCare to expand its service offerings into these new areas and attract a range of new biopharmaceutical and other research-focused organisations as clients.

"Teragenix has established a world wide network of clinical partners that provide it with a unique ability to collect and document biological samples essential for biomedical research,"​ said Judi Irving, HemaCare's president and CEO.

"The research segment is a logical extension of our core blood products business and our strategic intention is to continue growing research sales both organically and through acquisition."

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