Medical Devices

The facility combines Covance Drug Development and LabCorp Diagnostics capabilities. (Photo: Business Wire)

Covance opens companion diagnostics laboratory

By Melissa Fassbender

LabCorp’s Covance has opened a new companion diagnostics laboratory as is prepares for an increasing demand for precision medicine – a market expected to reach $112.62bn by 2025.

Outsourcing-Pharma's Hiring and Firing Roundup May '17

People on the move

Outsourcing-Pharma's Hiring and Firing Roundup May '17

By Melissa Fassbender

This month’s roundup includes new executive leadership teams, hires on both sides of the Atlantic for CRO Smithers Viscient, a new VP and medical director at Clinipace, among others.

iStock/Vepar5

Avantor to spend $6.4bn on VWR acquisition

By Flora Southey

Avantor has agreed to purchase independent laboratory product, supply chain and service provider VWR for approximately $6.4bn (€5.9bn), reflecting a share price of $33.25.

(Image: iStock/zimmytws)

Aptar Pharma continues its North American expansion

By Melissa Fassbender

Aptar Pharma has acquired 20% of the US-based company, Kali Care, less than two months after inaugurating its first facility outside of France as it aims to expand globally. 

The medical device CRO market could reach nearly $13bn by 2023. (Image: iStock/NicoElNino)

Pharma finance

Medical device CROs: the next growth opportunity?

By Jason Monteleone, Guest contributor

Medical device clinical trials have increased 63% since 2012 and a market void for mid-size device CROs could present a significant opportunity for growth.

(Image: iStock/unification)

CiToxLAB acquires preclinical medical device CRO

By Melissa Fassbender

CiToxLAB has acquired AccelLAB, a preclinical medical device contract research organization (CRO) as the industry works to align the development of new drugs and medical devices.

This image shows the Smartinjector™ holding three common syringe types and the user interface on the front of the device. (Image: QuiO)

Smart injector allows for in-home injections

By Melissa Fassbender

QuiO has raised $1.05m to develop its real-time adherence monitoring solution for injectable therapies – a device which could allow CROs to monitor injection events remotely.