Announced
Completed
Financials
Tags
Friendly
Acquisition
Completed
bioinformatics
Canada
Private
Majority
Single Bidder
Information / Data Services
Cross Border
Synopsis
Insightful Science, a technology company with software designed to empower scientists at every step of the research and development process, completed the acquisition of Cytapex, a bioinformatics contract research organization. Financial terms were not disclosed. "We were immediately impressed with the bioinformatics expertise of the Cytapex team. Pharmaceutical customers are increasingly looking to outsource core functions of the research and development process, and reputation and trust are critical. Cytapex stands out as a leader that offers high-quality services and solutions that add substantial value for partners. We are honored to have them join our team," Thomas Swalla, Insightful Science CEO.
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