Preclinical CRO PharmOptima joins GBG research consortium

By Melissa Fassbender contact

- Last updated on GMT

Preclinical CRO PharmOptima joins GBG research consortium

Related tags: Mergers and acquisitions, Contract research organization

Genesis Biotechnology Group (GBG) has acquired the preclinical CRO PharmOptima in order to provide customers with a single point-of-contact throughout their drug development programs.

Genesis Biotechnology Group (GBG) is a consortium of an integrated group of biotechnology and research companies. Its acquisition of the preclinical Contract Research Organization (CRO) PharmOptima, adds to its existing drug development segment, which includes Invivotek and Venenum Biodesign.

Ben Bandaru, Ph.D., Director of Mergers & Acquisitions at GBG, told us it has a history of making acquisitions that add to its capabilities and expand its services.

Ultimately, this addition gives our clients the ability to work with one provider for early discovery through pre-clinical candidate identification without sacrificing time or talent​,” he said.

PharmOptima services integrate into our current workflow to complete the discovery pathway providing assay and reagent development capabilities, ADME/PK and bioanalysis services that ultimately contribute to selection of a de-risked pre-clinical candidate​.”

Additionally, PharmOptima brings expertise in the growing ophthalmology therapeutics field, which Buiakova said further enhances GBG’s services portfolio “to meet the growing market demand​.”

(Feature image: iStock/ALotOfPeople)

Related news

Show more

Related products

Leveraging Best Practices in Primary Packaging

Leveraging Best Practices in Primary Packaging

Catalent Pharma Solutions | 05-Mar-2018 | Technical / White Paper

When planning a clinical trial, overlooking the importance of primary packaging can be a mistake. From stability concerns to labeling to patient compliance...

Ocopeptides

Advancing therapeutics for myeloma

Recipharm AB | 04-Sep-2017 | Case Study

Multiple myeloma is the second most common blood cancer in the world and despite survival rates increasing over the last decade, there remains a requirement...

Related suppliers

Follow us

Featured Events

View more

Products

View more

Webinars