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New Deal


Announced

CenExel Clinical Research to acquire CTSdatabase.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Single Bidder

Acquisition

Pending

clinical trials

Friendly

Domestic

subject detection services

Private

Biotechnology

Synopsis

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CenExel Clinical Research, a clinical research site manager, agreed to acquire CTSdatabase, a cutting edge and global duplicate subject detection service. Financial terms were not disclosed. "The addition of CTSdatabase elevates the CenExel network promise of quality results for every study we support, across our therapeutic areas of expertise. This partnership will also provide greater opportunities for CTSdatabase to expand even beyond its impressive current size, growing the registry to include hundreds of thousands more unique subjects within the next few years," Tom Wardle, CenExel CEO.

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